The euro and the French debt in the event of Eric Zemmour’s victory

Posted on Nov 12, 2021, 1:57 PMUpdated Nov 12, 2021, 3:33 PM

“Goodbye Macron, hello Zemmour? “. The headline of a recent Nordea bank note shows that Eric Zemmour doesn’t have to be an official candidate to be the center of attention. And that the markets begin to take seriously not only his candidacy, but also his eventual victory. Nordea initiated the movement by already devoting analyzes to “French Trump” and its impact on the markets. Can he be the next president? “Yes, he has a lot more chances than Marine Le Pen”, answer Andreas Steno Larsen and Sara Simone Strom, strategists at Nordea.

The online forecast market “Predictlt” estimates that Emmanuel Macron remains the big favorite with a 70% chance of being re-elected, almost 6 months before the election. “It is still too early to extrapolate who will be the opponent of the president in the second round”, indicates the bank Goldman Sachs in a note of analyzes to its customers.

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