- The general rule is that the market always likes stability. In this sense, Macron's victory will likely be perceived positively by the market.
- Marine Le Pen promises a policy of protectionism, restrictions on migration and withdrawal from NATO. This will inevitably lead to conflicts with the EU.
- Despite the fact that both candidates see the attitude of France and NATO differently, they promise to increase defense spending.
- Marine Le Pen is an opponent of wind turbines and promises to take them down if she wins.
- Le Pen's victory is likely to boost French government bond yields.
For further details see:
Elections In France: Risks And Opportunities For Investors