By Jonathan Cable | LONDON
The fate of the European Union and the euro could hang on the outcome of Sunday’s French presidential election.
The expected victory of centrist, pro-EU candidate Emmanuel Macron would be taken by markets as a sign that political risk in Europe is receding; a surprise win for far-right candidate Marine Le Pen would raise the risk that the euro zone’s number two economy could abandon the single currency and even leave the EU.
Surveys on Friday showed Macron ahead by 62 percent to 38, but investors are wary of opinion polls after recent political shocks such as Donald Trump’s election to the White House and Britain’s decision last year to leave the EU.
https://www.reuters.com/article/us-global-economy-weekahead-idUSKBN1811MO?il=0
