News · thelocal.fr

French far - right seeks ouster of constitutional court chief

Opinion polls show Le Pen, 58, leading the first round of the April presidential election, even after an appeals court upheld her graft conviction. RN lawmakers and allied UDR members have demanded that Constitutional Council head Richard Ferrand step down after he dismissed her plan to amend the constitution by referendum, a plan tied to “national priority” policies and scrapping birthright citizenship. Legal scholar Jean-Philippe Derosier called the request a mere letter with no real legal force. The RN also attacked Bank of France governor Emmanuel Moulin and top auditor Amelie de Montchalin, and warned that officials unwilling to implement its agenda could lose their jobs. Critics describe the “national priority” plan as discriminatory and xenophobic.

Summary written by Upside AI from the original article. Read the source for full details.

Read the original on thelocal.fr ↗

Keywords

FranceEURUSDMarine Le Penopinion polls

Open a keyword to see other news on the same topic.

Related tickers and likely impact

EUR/USD

▼ Likely negative

Relevance: low

MarketCurrencies
Close on 10/16/20261.12393
Change that session+0.16%
EUR/USD price, forecasts and signals →

Impact is scored by AI from the headline and may be wrong. It is not investment advice.

Related news

  • French protest violence: A Christmas present for Le Pen far right? - Grenada Chronicle – Daily Grenada And Caribbean News

    Massive protests across French cities over the weekend turned into riots, with burned cars, looted shops and damaged public buildings. The Ministry of the Interior put Saturday's crowd at 550,000, while organisers said 800,000, and some 2,400 people had been arrested by Sunday. Marine Le Pen of the National Rally blamed the left and 'decades of immigration' for the violence, said President Macron had lost all credibility, and presented her party as able to restore order. She is far ahead in polls ahead of the April 2027 presidential election, and analysts warn that far-left leader Jean-Luc Mélenchon could also face backlash. Historically, right-wing and centrist parties have gained after mass protests and disorder, as voters fear anarchy.

    grenadachronicle.com·Franceprotestsopinion polls
  • European stocks fall on unrest in France as Nasdaq bounces

    European stocks fell, with Paris down 1.1% and Milan down 1.6%, as unrest linked to cost-of-living protests spread in France and Milan. French police arrested nearly 2,400 people on Saturday, almost 1,000 police were injured, and partial curfews covered cities including Paris, Lille and Lyon. French lawmakers are wrangling over a 2027 budget plan with billions of euros in spending cuts, while President Macron condemned the 'unbridled' violence. Jakarta's stock market fell more than 5% on Monday after a drop of more than 11% on Friday, closing at its lowest level in six years, after MSCI said it was 'no longer appropriate' to keep the country's emerging-market status. On Wall Street, the Nasdaq bounced back from last week's AI-related selloff, while Amazon shares jumped around 5% after a positive Morgan Stanley report.

    freemalaysiatoday.com·▼ EUR/USD▲ QQQ▲ SPY▲ XAU/USDFranceEuropeprotests
  • Sterling Reaches a 17 - Month High Against the Euro on Monday

    Sterling reached a 17-month high against the euro on Monday, with the euro touching 83.95 pence before trading at 84.11 pence and sterling up 0.25%, according to Reuters. Reuters linked euro weakness to unrest in France and high energy prices, and French Prime Minister Sébastien Lecornu said partial local curfews were being arranged along with a fund for affected businesses. UK GDP grew 0.1% in August from July and 0.7% over the three months to August, while wholesale electricity and gas prices were more than double their levels a year earlier. The Bank of England held its rate at 3.75% in September, with six policymakers voting to hold and three backing a 0.25-point increase.

    econotimes.com·▼ EUR/USDEURUSDeuroUK
  • Global Markets : French markets tumble as riots add to political crisiseconomictimes.indiatimes.com·▼ EUR/USD▲ DXYFranceprotestsviolence
  • European stocks drop amid protests in France , Italy

    European markets fell on Monday, led by Paris (down 1.7%) and Milan (down 1.8%) in afternoon trading, as intensifying violence in France and street clashes in Italy's financial hub raised concerns about mounting debt. In France, nearly 2,400 people were arrested on Saturday in cost-of-living protests that turned violent, with almost 1,000 police injured, while lawmakers debate a 2027 budget plan that calls for billions of euros in spending cuts. In the US, tech stocks helped the Nasdaq Composite climb 1.0% as trading got underway. Jakarta's stock market fell more than 5%, extending Friday's plunge of over 11% to its lowest level in six years, after index compiler MSCI said it was no longer appropriate to maintain the country's emerging-market status.

    thefrontierpost.com·▼ EUR/USD• DXYEuropeFranceprotests
  • Euro drops amid high energy prices and street riots in France

    The euro fell 0.2% to US$1.1218 as high energy prices and concerns over political stability in France grew after weekend riots and looting, described as some of the country's worst unrest in years. Prime Minister Sebastien Lecornu said he had asked some local municipalities to impose partial curfews. The spread between French OAT bonds and German bunds widened by about 40 basis points to above 150 bps early in the month and was last at 144 bps. Analysts said the euro would face sustained pressure only if French political tensions spilled over and weighed on sentiment across the eurozone. High oil prices, with Brent still above US$100, have supported the dollar while weighing on the euro and yen.

    businesstimes.com.sg·▼ EUR/USD▲ DXYEURUSDFrancebonds

Related markets

Currencies →

Latest news

  • Winning over Vingroup and Sun Group with concrete and special materials: Vietnamese company's profit up 136%, chairman speaks out

    Song Da Cao Cuong (SCL) reported Q3/2026 profit of VND 38 billion, up 136%, on net revenue of over VND 263 billion (up nearly 98%), while gross profit margin rose from about 36% to 41%. For the first nine months, revenue reached nearly VND 666 billion (up 81%) and after-tax profit nearly VND 94 billion, already exceeding more than 110% of its full-year profit target. Chairman Kieu Van Mat attributed the results to technology upgrades, production line optimization and capacity expansion, with several new plants expected to start operations by November 2026. The company said it spent more than two years testing its products before Vingroup accepted them; Vingroup's share of its business has fallen to about 25% as customers expanded to around 10 major groups and exports began to Laos, Cambodia and the Philippines. Over the past two years, the company has invested about VND 1,000 billion in factories and technology.

    CafeF·SCLearningsVingroup
  • Coteccons Chairman Bolat Duisenov reveals new direction: expanding home construction for individual customers

    At the annual general meeting on October 20, Coteccons (HoSE: CTD) set fiscal 2027 targets of VND 42,000 billion in revenue and VND 1,050 billion in after-tax profit, and said it is considering expanding into residential construction for individual customers (B2C). In fiscal 2026, net revenue reached VND 34,340 billion (up 38%, 115% of plan) and after-tax profit VND 788 billion (up 73%); new contract wins totaled VND 60,307 billion and backlog was about VND 70,000 billion. In the first quarter of the new fiscal year, the company booked revenue of VND 11,270 billion and profit of VND 306 billion, but new contract value of VND 14,519 billion was lower than a year earlier; the company said it is tightening criteria for selecting clients and projects. Coteccons is also working with Microsoft, is expected to become a strategic partner of Workday, and targets raising its ROE from 10% to 15-18% by 2030.

    CafeF·• CTDCTDhousingearnings
  • UPS Yields 6.7% After Firing Amazon. Here's Whether the Dividend Survives 2027.

    UPS shares yield 6.7% as of October 16. The company has moved away from high-volume, low-margin Amazon deliveries and froze its dividend earlier this year, ending a 16-year streak of increases. The article says the payout will likely remain frozen through 2026 and 2027, citing competition from 10- and 30-year Treasury yields above 5% and other industrial dividend payers, but calls the dividend's safety questionable: UPS generated $5.47 billion in free cash flow in 2025, with $5.4 billion going to dividends, and free cash flow is projected to fall to $5.05 billion in 2026 and $5.01 billion in 2027, with the dividend absorbing about 98% of 2026 free cash flow. Rising competition and high fuel prices add pressure, and the article suggests investors may find more safety in the industrial sector.

    Yahoo Finance·dividendsUPSAmazon
  • Asian shares mostly decline after AI stocks lead a rebound on Wall Street

    Asian shares mostly fell in cautious trading on Tuesday after AI-related stocks rebounded on Wall Street, while other sectors stayed shaky and oil prices stayed high. Japan's Nikkei 225 slipped 0.6% to 64,512.35 in early trading, South Korea's Kospi dropped 2.8%, and Australia's S&P/ASX 200 lost 0.8%. On Wall Street, the S&P 500 rose 0.4% and the Nasdaq gained 1.1%, helped by Nvidia's 1.4% gain, while most stocks outside AI and tech fell and the Dow slipped 0.1%. The 10-year Treasury yield climbed to 5.14%, and U.S. crude rose to $103.50 a barrel and Brent to $109.47, as uncertainty about when the energy industry will return to normal after the war with Iran means oil is unlikely to ease soon.

    clickorlando.com·▲ QQQ▲ SPY▲ NVDA• VNINDEXAsiaartificial intelligenceWall Street
  • Asian shares mostly decline after AI stocks lead a rebound on Wall Street

    Asian shares mostly fell in cautious trading Tuesday after AI-related stocks rebounded on Wall Street, while other sectors stayed shaky and oil prices remained high. Japan's Nikkei 225 slipped 0.6% to 64,512.35, Australia's S&P/ASX 200 lost 0.8% to 8,772.10, and South Korea's Kospi dropped 2.8% to 5,605.31. On Wall Street, the S&P 500 rose 0.4% and the Nasdaq rallied 1.1%, helped by Nvidia, while the Dow fell 0.1%. The 10-year Treasury yield climbed to 5.14%, and U.S. crude rose 0.15% to $103.50 a barrel as uncertainty over the war with Iran kept oil prices elevated.

    clickondetroit.com·▲ QQQ▲ SPY▲ NVDA• VNINDEXAsiaartificial intelligenceWall Street
  • What Could X-Energy (XE) Gain From Its 960MW Indiana Nuclear Project?

    X-Energy (NasdaqGS:XE), American Electric Power and Amazon agreed to assess a 960 MW advanced nuclear project in Indiana using Xe-100 reactors, on a former coal plant site. Under the joint development agreement, Amazon would provide development funding and commit to a long-term power purchase. The article says the deal offers commercial validation for X-Energy's reactor platform rather than immediate financial relief, as the company, with a $4.3b market cap, reported $150.28 million in revenue, a $448.87 million loss, and a 20.2x price-to-sales ratio. The next key milestone is whether the study reaches a final investment decision for the Sullivan County site.

    Yahoo Finance·XEnuclear powerAmazon

All news →

Get the briefing on Telegram or Zalo

Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.