France is set to hold a snap parliamentary election, called by President Emmanuel Macron, which has significant implications for the country's political landscape and financial markets. Polls indicate that Marine Le Pen's far-right National Rally is leading with 37% of the vote, followed by the left-wing New Popular Front coalition at 28%, and Macron's centrist bloc at 21%. The election has heightened market volatility, with the risk premium on French debt reaching its highest level since the 2012 eurozone crisis. The yield premium over German bonds has hit a two-week high, widening to 83.8 basis points. Investors are concerned about the potential fiscal and political instability that could arise from a far-right victory, which could increase France's debt levels and impact its foreign policy. The first round of voting is scheduled for Sunday, with the second round concluding on July 7.
With the French elections underway, will the far-right come out on top? 🇫🇷 @LionelRALaurent outlines Le Pen's possible route towards an absolute majority https://t.co/31uHeYoz9c https://t.co/YaC2a8wKQc
French voters will cast their ballots on Sunday in the first of two rounds to elect 577 members of the National Assembly. What’s at stake, and what can we expect? https://t.co/mBfK2mA7Qz https://t.co/EYVJ1XFxeW
The outcome of France's snap election isn't clear. But here are four scenarios, with a look at how markets could react https://t.co/CHQsbrCjCQ
Three major political blocs are competing in #France’s snap elections. The first round could see the first far-right government of the nation since World War II under Nazi occupation — or no majority at all https://t.co/m1ZoHO8gq5
Millions in #France will determine a new parliament as President Emmanuel Macron called for a snap election on June 9 following the far-right National Rally (RN)’s win in the EU elections. Here’s what you need to know https://t.co/E17sf4eSlL
‼️🇫🇷 Final polls before tomorrow’s French parliamentary elections make alarming reading for @EmmanuelMacron, Ukraine and the EU. Some polls now foresee a possible majority of seats for the far right in Round 2 next week; the average of polls still sees a blocked parliament 1/
🇫🇷 After three weeks of political drama in #France, the snap elections called by President #Macron are almost upon us. Will Macron's gambling pay off or backfire? 🔴 Watch our special edition this Sunday at 7:30 Paris time with @abdelmassive and @GavinLeeNews ⤵️ https://t.co/Jhcv9F17k7
France’s snap election: How it works and what comes next https://t.co/bCaghNIt0k
French National Rally party reaches its highest popularity level with support of 37% of voters ahead of snap election – poll https://t.co/JallGpF8es https://t.co/aYhOYAkuyQ
People in France are set to vote in snap parliamentary elections described as a major gamble by President Macron as he tries to combat a surge by the far-right. Al Jazeera’s @natachabut takes a look at what’s at stake. https://t.co/DIXhfhhxrX
Marine Le Pen's National Rally (NR) extends lead in new Les Echos newspaper’s OpinionWay poll published Friday showing RN was on track to receive 37% of the popular vote In a BFM TV poll compiled by Elabe, RN & its allies were projected to end up with 260-295 seats in the new… https://t.co/hpbxgMziVV https://t.co/clPBd5L42M
The End of 'Macronism' in France sends Globalist Media Into a Panic, as Snap Legislative Elections Set to Hand Power to Marine Le Pen’s Right Wing RN Party READ: https://t.co/NdY1uryPrT https://t.co/pGC5wYFZbu
Marine LePen’s National Rally in the lead polling at 37%. Follow: @AFpost https://t.co/BYiFuhQTb5
French President Emmanuel Macron’s centrist government faces a resounding defeat in snap legislative elections, potentially creating a wave of turbulence in one of the European Union’s founding member states, writes @m2matthijs. https://t.co/HWFBHUW3DV
‘It’s going to be tight’: Macron’s centrists struggle to deter voters from backing far right https://t.co/1UABANaJFj
The future of French foreign policy rests on the results of the upcoming legislative elections. There are two likely scenarios: gridlock or cohabitation, @celiabelin and @Mathieu_Droin write. https://t.co/ITJxhRWe41
French President Emmanuel Macron's gamble to hold a snap election to thwart the power of rising right-wing parties is looking ever more risky as final polls showed the far-right National Rally poised to score major gains in the first of two rounds of... https://t.co/RDHJklrE8I
France’s election stokes far-right linked violence https://t.co/5mRXKIQ8P7
BREAKING NEWS FRENCH DEBT RISK PREMIUM HITS HIGHEST SINCE 2012 CRISIS Things are heating up.
Far-right National Rally strengthening in final polls ahead of vote https://t.co/yxSgK0uBGt
BREAKING NEWS THE PREMIUM INVESTORS DEMAND TO HOLD FRENCH GOVERNMENT BONDS JUMPED TO ITS HIGHEST SINCE THE EURO ZONE DEBT CRISIS IN 2012 Well...
With their own and France's fates in the balance, candidates were making their last campaign pushes Friday for the first round of voting in a pivotal and polarizing legislative election in which the centrist government of French President Emmanuel... https://t.co/aGQKWqNbuc
The first of two rounds in the 2024 French parliamentary election is about to get underway. Here's a look at the trends, and what's at stake. https://t.co/JojN5dl0B9
France: A far right general election win threatens to leave political vacuum in Europe | ITV News Europe Editor @jamesmatesitv writes https://t.co/LH6CYAuVJx
France faces a crucial election on Sunday - Here's what comes next https://t.co/5aWUbEaZxR
France’s snap parliamentary election could send the country’s conduct of foreign policy into an uncertain, and even turbulent, period https://t.co/XLsMAEoUbm 👇
The rise of France's far right https://t.co/KuXKWnYTBo https://t.co/bmyTOSlMqQ
Investors sold French assets ahead of the first round of voting in the parliamentary election on Sunday, which could see the far right taking the lead https://t.co/VXWdKzeoC3
Traders sell French assets before vote, deepening market slide https://t.co/NACyaKglId https://t.co/rVJHilXsUG
France is all set for its most consequential election in decades. Here's all you need to know #France #FranceElectons https://t.co/7FkZcoZgWp
LiveSquawk News: Quick French Election Preview https://t.co/8oNb1PmxNz https://t.co/8UwodxFPG2
Paris Pole Axing Awaits Macron? 'Toxic' President Loses Election Ground The French right-wing National Rally is leading in the latest polls with 36% support with just 2 days left to the snap elections, as Macron's centrists lose ground https://t.co/yrIqd2vWAo
France’s election stokes far-right linked violence https://t.co/BulDnbG8YX via @rapplerdotcom
High-stakes French legislative election hits torrid final stretch before first-round voting begins https://t.co/8J648biZal
The twilight of Macronism. The once-unthinkable now seems an imminent reality. The French far right is poised to become the largest party in France’s parliament, if polls surrounding the two-stage snap election starting Sunday are accurate. Projections suggest that the far-right… https://t.co/cQHH6mWyb7
European equity close: French stocks slump ahead of Sunday's vote https://t.co/otHW4ncoRs
France's political forces were on Friday making final bids for votes in crunch legislative elections that could see the far right take control of the government in a historic first. https://t.co/lZgzi1CvKO
France prepares to vote, with the first of two rounds of its legislative election on Sunday https://t.co/0GPuaW1rCF
NEW | France goes to polls on Sunday for the first round of a surprise snap parliament election called by President Macron (RE-RE). What is the political context, expectations and main events surrounding the election? Read our preview: https://t.co/SY57RaRkqG
Check out our #FRA40 analysis on @TradingView ahead of France's snap elections on Sunday https://t.co/nIJqcccVLj
France's election stokes far-right linked violence https://t.co/8RjT7ijh2w https://t.co/AtxTTGL2hM
🇫🇷 💭 What France could become after snap election and whether the worst-case scenario can be avoided https://t.co/E4pzOVCA4j
President Macron hoped his surprise snap election would leave his opponents in disarray, but the far left united immediately, and the far right just started plastering deportation TikTok songs set to videos of hot women, and now Macron's party is losing to both.
French stocks and bonds sink ahead of election https://t.co/sCFNSicrpS
The French right-wing National Rally is leading in the latest polls with 36% support with just 2 days left to the snap elections, as Macron's centrists lose ground https://t.co/H9ic6Eg6ZZ
As Marine Le Pen’s far-right party, Rassemblement National, leads in the polls ahead of France's snap election, we discussed with author Ugo Palheta the social decay that helps explain the party’s rise — and the Left’s chances of providing an alternative. https://t.co/wI6qy8cc1P
President Emmanuel Macron’s surprise call for new elections in France’s lower house of Parliament is seen as a risky gamble. https://t.co/a9UdhUCpKm
Flushed with victory over Marine Le Pen in 2017, Emmanuel Macron strode up the Elysée palace steps with a special calling: to finally release France from the lure of the far right. The president, then 39, and his cadre of bright, optimistic aides — dubbed the “Mormons” — aimed… https://t.co/43pC2m1602
French stocks break the June low ahead of Sunday's vote https://t.co/WxDoAf9gQ6
#French Market Underperformance Ahead of Legislative Elections https://t.co/JOw6GYe7zi
🔵 THE RISE OF FRANCE'S FAR RIGHT After decades as political pariahs, the far right in France may finally have a chance to form a national government after a two-round legislative vote that begins on Sunday and will conclude on July 7. Full Story via Reuters on PiQ Suite https://t.co/ljDXWZORvm
France’s far right looks headed for victory in the first round at the polls. Here’s what that means - CNBC https://t.co/Gmcb0qIypG
Right-wing support in France surges ahead of elections https://t.co/q0E4VVRyxy https://t.co/paQUU7UXaD
🚨🇫🇷FRENCH ELECTIONS CAUSE BOND WORRIES People are nervous about the upcoming French elections, making it more expensive for the government to borrow money. Investors worry that the far-right or far-left parties might win and increase France's debt. The interest rate on… https://t.co/XNpUiBIjbB
Risk premium on French debt hits highest since 2012 crisis ahead of election https://t.co/iJBESAkzHL https://t.co/3IUR6UgqnT
🇫🇷 #FRANCE'S 10-YEAR BOND YIELD RISES TO HIGHEST SINCE NOVEMBER - BBG
🔵 RISK PREMIUM ON FRENCH DEBT HITS HIGHEST SINCE 2012 CRISIS AHEAD OF ELECTION The premium investors demand to hold French government bonds jumped to its highest since the euro zone debt crisis in 2012 on Friday, highlighting market nerves about parliamentary elections this…
French far-right extends poll lead as campaign ends https://t.co/FLn4FfYoFH https://t.co/xFyYlrxVJM
RISK PREMIUM ON FRENCH DEBT HITS HIGHEST SINCE 2012 CRISIS AHEAD OF ELECTION
Marine Le Pen and Jordan Bardella's National Rally party updates record in terms of voter support two days before legislative elections in France 37% are ready to vote for the National Rally, followed by the left-wing coalition, which 28% are ready to support, the presidential… https://t.co/vKJrihFnnf https://t.co/CFoK18oI7O
France's snap election: Five questions for markets https://t.co/fbWvkAY3Uy https://t.co/MVldJQnVXy
Rabobank on the potential outcomes for the French elections 🇫🇷 1) RN Majority = notable widening of OAT spreads 2) RN perform well but no majority = minor narrowing of DE/FR spread 3) Macron's Ensemble outperforms expectations = similar to above but more significant moves 4) NFP…
France's political forces were on Friday to make a final bid for votes in crunch legislative elections that could see the far right take control of the government in a historic first. https://t.co/DPMFwcW3Z4 https://t.co/uwMpfb4gPQ
Le Pen’s National Rally solidifies lead 2 days ahead of voting https://t.co/QXBVvlSqmx via @JReganReg https://t.co/BLZnKA4E4A
Le Pen’s National Rally Solidifies Lead Two Days Ahead Of Voting - BBG https://t.co/BVVE28NGc3
French far-right leader Marine Le Pen is confident her party will win an absolute majority in parliament, form a government and impose limits on what President Emmanuel Macron can do to support Ukraine, she said days before voting starts. https://t.co/Td5hZjLtVV
⚠️ GAP BETWEEN FRENCH AND GERMAN 10 YEAR YIELDS HITS 83.8 BASIS POINTS, WIDEST SINCE 2012
National Rally forecasted to win 37% of vote in French snap election first round https://t.co/er3hKx9DTX https://t.co/AaxBXzAsN6
🔵 FRANCE'S SNAP ELECTION: FIVE QUESTIONS FOR MARKETS French President Emmanuel Macron's shock decision to call a snap election, which polls suggest the far right could win, has rocked financial markets, exacerbating fiscal sustainability concerns in the euro zone's… https://t.co/R2yQGF9xx3
🇫🇷 #France | National Rally seen winning 37% of popular vote in first round of French snap election - Reuters https://t.co/JvMgIssJC1
National Rally seen winning 37% of popular vote in first round of French snap election https://t.co/mdGJAnscb3 https://t.co/f8589FMtdP
Emmanuel Macron’s Ensemble alliance is heading for humiliation in France’s election this weekend. As a result his reforms could soon begin to unravel. That reflects a problem for centrist incumbents everywhere https://t.co/K9eZ0xedxA 👇
Latest poll sees Le Pen's faction winning 37% of votes in first round of French election https://t.co/5CfWlgiwHP
⚠️ OPINIONWAY SEES LETWING NEW POPULAR FRONT WINNING 28% OF POPULAR VOTE, MACRON'S CENTRIST BLOC 20%
🇫🇷🇫🇷 French 1st round election preview 🇫🇷🇫🇷- We go into the weekend eyeing the possibility of gapping risk on the Monday open in EUR, CAC40, EU banks and French OATs. In the video we explore the when the voting closes, the sequencing of market opening times, recent markets moves… https://t.co/ciOZZHE3VW
⚠️ OPINIONWAY POLL FOR LES ECHOS SEES FAR-RIGHT NATIONAL RALLY WINNING 37% OF POPULAR VOTE AHEAD OF FIRST ROUND OF FRENCH PARLIAMENTARY ELECTION
Traders bail on France before election fraught with jeopardy https://t.co/NACyaKgTxL via @alicegledhill1 @mikamsika @tasosvos https://t.co/5rA96dNgvh
🔵 ANALYSIS-FRENCH BOND MARKET GETS TASTE OF EURO ZONE 'PERIPHERY' TURMOIL The recent turmoil in France's bond market could mark a new chapter for the euro zone's wealthiest economies, with emerging political and fiscal risks fuelling volatility earlier associated with its…
France's far right looks headed for victory in the first round at the polls. Here's what that means https://t.co/J0NTVIYOgx
Far from bringing French voters back to the centre, Emmanuel Macron’s unexpected decision to call a snap election has pushed them further away. Marine Le Pen’s hard-right party will be the main beneficiary https://t.co/oUJJhHbFls 👇
Whatever the outcome, the next government will likely be even weaker than the current one, precisely the situation President Emmanuel Macron had hoped to rectify, writes Romain Fathi (@ANUmedia). https://t.co/c6a30EaSxA
France vs German 10 year spread moving even higher 🚀 https://t.co/TOIQZGcbFE
Emmanuel Macron could end up a diminished figure in diplomatic affairs, overshadowed by a Eurosceptic or NATO-sceptic government, comprising parties with historical ties to Russia https://t.co/gDu07cA8nt 👇
France is in a political meltdown over the possibility of the far-right National Rally winning the prime minister’s post and leading parliament in less than two weeks, @celiabelin and @Mathieu_Droin write. https://t.co/ITJxhRWe41
Even before President Emmanuel Macron arrived in Brussels for the latest summit, the question on everyone's lips was what France's government will look like after a snap vote that could bring the far right into power https://t.co/V2aGKWWdv7
The Debate - What if the polls get it right? Far-right holds onto poll lead ahead of snap French election ➡️ https://t.co/LSOPxvl4mK https://t.co/uX0hctU9Uu
French bonds fell, widening the yield premium over German peers to fresh highs, as investors remain on edge ahead of upcoming legislative elections https://t.co/YjdH3YRuqO
Emmanuel Macron’s style has always been intensely top-down, but this time he has played with the possibility of ushering in the once unthinkable in the form of a far-right government in France. https://t.co/0oQnYO6l3M
In his seven years as president, Emmanuel Macron has made a sustained effort to remake France as a modern, business-friendly economy. You might think voters would reward his record. Think again https://t.co/PVLANsz2lu 👇
#IFOP POLL: LEFT WING NEW POPULAR FRONT (NFP) COALITION IN SECOND PLACE FOR FRENCH PARLIAMENT ELECTION FIRST ROUND WITH 29% OF VOTES
#IFOP POLL: MACRON'S CENTRIST CAMP IN THIRD PLACE FOR FRENCH ELECTION FIRST ROUND WITH 21% OF VOTES
🇫🇷 🇬🇧 Global financial stability at risk if Macron loses to Le Pen, officials fear. Ms Le Pen favours increased borrowing, meaning a victory would risk driving up France’s already high debt levels Read the full story at the link below 👇 https://t.co/nC5maJCxHC
🇫🇷🗳️ Feeling behind the curve when it comes to preparing for the upcoming French election? - Get briefed via the @MNIMarketNews political risk team’s preview 👇🏻 https://t.co/0t5ks378nt https://t.co/qIov73YbUM
MASSIVE A new poll from France shows Marine Le Pen's right-wing party is leading massively with 37% - Way ahead of Macrons party at 21%. Looks like people in France don't want open borders anymore.
EURO ZONE YIELDS HIT TWO-WEEK HIGH, FRENCH RISK PREMIUM RISES
🇫🇷 💥MNI French Legislative Election Preview: https://t.co/rblW3gRRud
🇫🇷 💥MNI French Legislative Election Preview: - Macron's surprise election call could most consequential vote in Europe for decades - Our scenario analysis goes through the most & least-likely outcomes over the two rounds - We also include a thorough briefing on France's complex… https://t.co/KkdL3LZkDR