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French protests add to Macron's political gamble as election race heats up - TL;DR CNBC

French protests add to Macron's political gamble as election race heats up

Publishing timestamp: 2024-06-17 09:06:23


Summary

France's election campaign has begun amidst violent protests against the far-right National Rally. President Macron called for snap parliamentary elections after his party suffered losses to RN in the EU elections. RN is leading in polls, causing uncertainty in the markets. Macron's strategy may be to create a messy parliament to discredit RN ahead of the 2027 presidential elections. Markets have been volatile, with French stocks rebounding after a significant sell-off. Uncertainty is expected to continue until the election in July.


Sentiment: MIXED

Tickers: .FCHI

Keywords: francebreaking news: politicsvotingemmanuel macronpoliticsgovernment and politicscac 40 indexbusiness newsmarine le pen

Source: https://www.cnbc.com/2024/06/17/french-elections-rn-protests-add-to-macrons-political-gamble.html


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