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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessMNI ASIA OPEN: Weak 30Y Reopen, ECB Forward Guidance Weighing
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Election recap: President Macron's En........>
FRANCE: Election recap: President Macron's En Marche suffered poor results
across major cities in the June 28 vote as the centre-left environmentalist EELV
won the mayoralties of several major cities including Lyonand Bordeaux.
- Incumbent Paris Mayor Anne Hidalgo from the Socialist Party retained her
office, with the En Marche candidate coming a distant third.
- The EELV benefited from running as part of a centre-left/leftist coalition.
- The right-wing nationalist Rassemblement National (formerly the Front
National) won the mayoralty of Perpignan, the first time the party has gained
control of a city of more than 100k residents.
- PM Edouard Philippe retained the mayoralty of Le Havre.
- While the results for Macron and his party were poor, they do not spell
disaster for his chances of re-election. Firstly, the next presidential election
is not until 2022, when the French economy may be rebounding from its COVID-19
induced slump. Also En Marche, as a relatively new political party, does not
have the local structures in place that many more established parties do, making
local campaigning difficult compared to a national-level race.
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.