Reported 12 months ago
Investors reacted to Marine Le Pen's National Rally receiving 33.2% of the vote in the first round of France's snap parliamentary elections, causing optimism initially but fading quickly. Stock and bond prices jumped before paring gains as concerns over possible fiscal policies by the far right or left-wing parties arose. Financial markets are now uncertain about the future of French debt and government stability, with potential alliances forming to block Le Pen from securing an absolute majority.
Source: YAHOO