France’s hung parliament and series of minority governments since the 2024 snap vote continue to fuel speculation over the timing of the next legislative election. President Macron retains the constitutional power to dissolve the National Assembly at any time, though he has publicly resisted recent calls from Marine Le Pen’s National Rally and others amid budget negotiations and fiscal pressures. Traders monitor coalition dynamics, prime ministerial statements, and polling trends ahead of the April–May 2027 presidential contest, where Le Pen leads early surveys and a post-presidential dissolution remains a strategic option for the winner. Student protests, debt debates, and center-left primary results add to short-term volatility without altering the structural timeline constraints.