Macron wins majority in French National Assembly

Omkar Godbole FXStreet Contributor

French President Emmanuel Macron has obtained an absolute majority in the French parliament.

As per Reuters news report - the size of his majority is set to be over 350 seats in the 577 seat lower house. That means Macron can now count on lawmakers to give his government powers to announce reforms without lengthy negotiations in parliament.

FN leader Marine Le Pen won a seat for the first time, but her party performed worse than expected.

Author

Omkar Godbole

FXStreet Contributor

Omkar Godbole, editor and analyst, joined FXStreet after four years as a research analyst at several Indian brokerage companies.

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