Traders Vote Macron as Le Pen Vows to Wipe the Smiles Off Their Faces
- Most investors say they’re betting on, hoping for Macron win
- Reaction could be severe if right-winger Le Pen surprises
French Polls Show Macron's Lead Holding
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With Marine Le Pen’s “smirking banker” insults failing to rattle her adversary in the final debate of the French presidential election, markets are looking decidedly cheerful.
By one important measure of risk sentiment, they’re the least flustered they’ve been about the possibility of a National Front victory all year. But this positioning means the smile could vanish from the face of more than just one-time banker Emmanuel Macron if Le Pen pulls off an upset in Sunday’s vote.