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Le Pen on the Offensive Ahead of Second Round Voting

Presidential candidate Marine Le Pen and her lieutenants pounded her rival Emmanuel Macron, as the front-runner in the race for the French presidency remained quiet for a second day.

Thirty-six hours after they took the top spots in the first round of the presidential election and progressed to the May 7 run-off, Le Pen, 48, has been interviewed on one of the main evening news shows and visited Paris’s wholesale food market, while 39-year-old Macron has barely been seen. Polls suggest Macron should win the runoff by at least 20 percentage points, the latest one Tuesday from OpinionWay showed Macron would get 61 percent.

“His project is to deregulate everything: labor, trade, borders, immigration,” Florian Philippot, vice-president of Le Pen’s National Front, said on France Info radio Tuesday. “He’d be in a better position to lecture if he had a good record at the economy ministry, but he destroyed jobs, increased debt, and contributed to the de-industrialization of France.”

Bloomberg [1]

DAX Hits Record High on French Election Outcome [2]

EUR/USD Edges Up, Markets Eye ECB Policy Meeting [3]

Oil Trickles Lower as Gold Recovers [4]

This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.

Craig Erlam

Craig Erlam [8]

Senior Market Analyst, UK & EMEA at OANDA [9]
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
Craig Erlam

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