Le Pen Gains in French Polls as Security Concerns Win Voters

  • Macron trips up with comments on France’s colonial past
  • French risk premium rises as Le Pen’s chances improve

Viewing the French Election as a Potential Black Swan

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Marine Le Pen gained ground on her rivals for the French election as she benefits from concerns about security while other candidates trained their fire on independent front-runner Emmanuel Macron.

Monday’s daily OpinionWay poll showed that first-round support for anti-euro candidate Le Pen rose 1 percentage point to 27 percent, with Macron and Republican Francois Fillon unchanged at 20 percent each. While no surveys so far have shown Le Pen even close to a victory in May’s run-off, she’s quickly narrowing the gap to her rivals. OpinionWay showed Macron would defeat Le Pen by 58 percent to 42 percent in the second round. His advantage has halved in less than two weeks.