Socialists Fall to Fifth in French Polls

Socialist candidate Benoit Hamon travels to Berlin Tuesday, desperate for anything that can revive his struggling French election campaign.

Hamon may represent France’s oldest political party, but his polling numbers have been on the slide since he won the party’s primary in January and he’s now languishing in fifth place. On his left he’s been overtaken by Communist-backed Jean-Luc Melenchon and in the center he’s seen a steady stream of Socialists endorse independent Emmanuel Macron.

“The situation is grave for the Socialist nominee,” said Pascal Perrineau, a researcher at Paris-based political institute Cevipof. “His political space is extremely limited.”

Bloomberg

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Craig Erlam

Craig Erlam

Senior Market Analyst, UK & EMEA at OANDA
Based in London, Craig Erlam joined OANDA in 2015 as a market analyst. With many years of experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while producing macroeconomic commentary. His views have been published in the Financial Times, Reuters, The Telegraph and the International Business Times, and he also appears as a regular guest commentator on the BBC, Bloomberg TV, FOX Business and SKY News. Craig holds a full membership to the Society of Technical Analysts and is recognised as a Certified Financial Technician by the International Federation of Technical Analysts.
Craig Erlam