Will Frexit follow Brexit?

For Frexit: French presidential election candidate for the far-right Front National party Marine Le Pen gesturing to her fans after meeting fishermen in the harbour of Le Grau-du-Roi, southern France, on Thursday. – AFP

THIS week, global financial markets were relieved by the lead of French presidential centrist candidate Emmanuel Macron in the first round over the right-wing Marine Le Pen, creating a second election on May 7.

So far, the populist tide after Brexit and Trump last year has not yet swept completely through Europe as France has followed the Austrian and Dutch voters that they are not yet ready for radical change.