Following a dramatic swing against Emmanuel Macron's government in the first round of elections last Sunday, the far-right could win today's second round vote. However, opinion polls currently suggest no outright victory, potentially implying a hung parliament, policy paralysis and a weaker euro.

Global-FYI tracks critical developments fon the global markets including political news, special central bank announcements, and substantial moves in the financial markets.

Major political events and special announcements by the global central banks can shift both the short-term and long-term outlooks for the global economy and financial markets.