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New York, United States — The euro and global equity markets mainly rose Monday amid signs France’s far right would not win enough seats for an overall majority in legislative elections.
The far-right National Rally (NR) party of Marine Le Pen won a resounding victory in the first round of polls Sunday, with President Emmanuel Macron’s centrists trailing in third behind a left-wing coalition.
But the key question ahead of the second round on July 7 was whether the RN would win an absolute majority in the new National Assembly.
