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Foreign investors do not exclude that Marine Le Pen to be elected as President of France
More and more foreign investors take into account the possibility that Jean-Marie Le Pen to become president of France (spread on French bonds rose by 32 points since August 2016), Christopher comment Dembik, Head of Macro Analysis / Saxo Bank, into an analysis released on Monday.
According to him, Le Pen does not have enough support to pass the threshold of 50% of the vote. Republican Front is weaker than in 2002, but has enough left voters who will vote for the right, just to avoid a presidential Le Pen. The winner of the French Socialist Party internal elections is Benoit Hamon, having it sound principles of protecting the environment, supporting the low income and the working week to 32 hours.
French Socialist Party in the footsteps party Pasok, the Greek crisis marked by ideological and political marginalization facing a strong left-wing party. In these circumstances, it is very likely that supporters of the defeated, Manuel Valls, former premier to follow Emmanuel Macron in the coming weeks. This, in turn, will not be too Macron's beneficial because it has an associated image leftist candidate, said Christopher Dembik.
Group Saxo Bank (Saxo) is a specialist in multi-asset investment and trading offering a comprehensive set of technologies, tools and strategies for trading and investments. Founded in 1992, Saxo has over 1,500 employees in financial centers around the globe, including London, Singapore, Paris, Zurich, Dubai and Tokyo.