Marine Le Pen’s far-right party has defeated President Emmanuel Macron’s centrist alliance in the first round of a snap parliamentary election, US stock markets are performing better than expected in the middle of the year and Morgan Stanley is set to join Goldman and JPMorgan in scrapping bonus limits in the UK.
Mentioned in this podcast:
French voters turn out in record numbers
Wall Street’s latest bears struggle to convince optimistic clients
Morgan Stanley to join Goldman and JPMorgan in removing UK bonus cap
The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional assistance from Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Our intern is Prakriti Panwar. Topher Forhecz is the Financial Times’ executive producer. The Financial Times’ global head of audio is Cheryl Brumley. The programme’s theme song is by Metaphor Music.