Live, rolling coverage of business, economics and financial markets as Marine Le Pen’s National Rally set to be largest party in first round of France parliamentary electionGood morning, and welcome to our live, rolling coverage of business, economics and financial markets.France’s far-right has won the first round of the country’s two-stage parliamentary elections, in a result that suggests it could be the largest party for the first time since the second world war. It is a seismic political result for Marine Le Pen’s National Rally, but financial markets have remained relatively steady as investors look to the prospect of a hung parliament.The first round of the French elections perhaps delivered a slightly less convincing victory for the far-right than final polls suggested and with other parties now seemingly open to form alliances in the second round, this is likely to further reduce the far-right’s chance of an overall majority in parliament. Continue reading...
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