Here's your summary from French Election: Le Pen’s Rivals Are Gaining Momentum (https://www.youtube.com/watch?v=x2VnYqMze2s) on the Bloomberg Television channel:

**TLDR:** Le Pen's rivals are teaming up to block her party from gaining a majority in the French parliamentary elections, causing uncertainty in the markets.

1. Le Pen is facing challenges as Macron's centrist group and the left wing alliance are joining forces to prevent her party from gaining an absolute majority in the second round of the French parliamentary elections.

2. The left and center pulling candidates out of races is making it difficult for Le Pen to secure the 289 seats needed for a majority.

3. Market investors are viewing gridlock as the best-case scenario, with the possibility of a tax and spend government or a national rally government being less favorable outcomes.

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