Volatility is only certainty for traders parsing French elections

Traders are preparing for another volatile week after Marine Le Pen’s far-right party won the first round of France’s legislative elections.

A victory for National Rally was the base case going into the vote, but uncertainty remains about whether Le Pen’s party will secure an absolute majority that could enable and embolden its anti-immigration and eurosceptic agenda. The second round of voting takes place next Sunday.

Bloomberg