| Time | Country | Event | Period | Previous value | Forecast | Actual |
|---|
| 07:55 | Germany | Manufacturing PMI | June | 45.4 | 43.4 | 43.5 |
| 08:00 | Eurozone | Manufacturing PMI | June | 47.3 | 45.6 | 45.8 |
| 08:30 | United Kingdom | Purchasing Manager Index Manufacturing | June | 51.2 | 51.4 | 50.9 |
EUR strengthened against other major currencies in the European session on Monday as the far right secured a smaller share of the vote in the first round of France’s snap parliamentary elections than indicated by pre-vote polls.
According to the final results, published by Interior Ministry on Monday, Marine Le Pen’s far-right National Rally (RN) party led the first round of France’s parliamentary elections, getting 33.2% of the vote. It was followed by the left-wing New Popular Front (NFP) coalition, which gained 28.0%. French President Emmanuel Macron’s Ensemble alliance got 20.8%.
The results imply that 39 of the total 76 candidates elected in the first round of the vote represent RN, 32 represent NFP and two represent Macron’s alliance.
The second round, scheduled for July 7, will determine the final distribution of seats in the 577-seat France's National Assembly.
289 seats are needed for a party to gain an absolute majority in France’s lower chamber. Media reports parties began strategizing to keep Le Pen’s RN from winning the majority.