-
Policy
Policy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
LATEST FROM POLICY: -
EM Policy
EM Policy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
LATEST FROM EM POLICY: -
G10 Markets
G10 Markets
Real-time insight on key fixed income and fx markets.
Launch MNI Podcasts -
Emerging Markets
Emerging Markets
Real-time insight of emerging markets in CEMEA, Asia and LatAm region
-
Commodities
Commodities
Real-time insight of oil & gas markets
-
Credit
Credit
Real time insight of credit markets
-
Data
-
MNI Research
Actionable insight on monetary policy, balance sheet and inflation with focus on global issuance. Analysis on key political risk impacting the global markets.
-
About Us
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.
Real-time Actionable Insight
Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessRebukes For Macron, Le Pen As Voters Avoid 1st Round Of Reg. Election
Both President Emmanuel Macron's Republique En March (REM) and Marine Le Pen's right-wing nationalist National Rally (RN) performed well below expectations in the first round of elections for France's regional presidencies held on Sunday according to preliminary results. The outperformers were France's historically dominant political groups, the centre-right Gaullist Les Republicains (LR) and their allies, and the centre-left Socialist Party (PS) and their allies.
- The RN came in first place in the first round in only one province, Provence-Alpes-Côte d'Azur in the far south-east of the country. This compares starkly with the last regional elections held in 2015, when the then-National Front came first in six regions in the first round vote.
- REM and its allies are not leading in any regions, and in the north eastern Hauts-de-France region the party looks set to fail to make the second round (where winning just 10% of the vote is required).
- Alongside the poor performance of the two parties expected to make it through to the second round of the presidential election in 2021, the major story of the election was the poor turnout. Initial estimates put turnout at just 32%, well down on the 49% recorded in 2015 and 53% in 2010. LR and PS were able to exploit this low turnout in their historic heartlands to secure victories in areas where they are incumbents heading into the second round.
- Focus this week will turn to moderate parties that came in third place or below in the first round. Many will be under pressure to withdraw from the second round and lend their support to other moderates in order to keep the RN candidate from winning power, although there is no guarantee such an agreement will take place.
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.