France to witness the next revolution with Presidency Elections: Angel Broking

Views of Mr. Prathamesh Mallya (Chief Analyst - Non-Agri Commodities & Currencies, Angel Broking):

"A lot has been happening around the world. From the terror struck Syria to the North Korean frenzied missile tests, market followers are definitely getting all the necessary information to help make their investment decisions. The recent one to drive the markets is the upcoming French Elections which will be from 23rd April 2017 to 7th May 2017. The five top contenders for the Presidency are Francois Fillon, Benoit Hamon, Marine Le Pen, Jean-Luc Mélenchon and the market favourite Emmanual Macron who will pit against each other on 23rd April 2017.

According to the recent opinion polls, Emmanual Macron and Marine Le Pen were seen leading with 24 percent and 22 percent respectively followed by Francois Fillon at 19 percent. The very fact that Macron, who is the market favourite, is leading the polls has pushed the Euro currency higher in the last few trading days. Market followers are definitely going to pay close attention on the selection after what happened in the US Presidential Elections."

Source : Equity Bulls

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