Bobby Vedral, the global head of Goldman Sachs' MarketStrats group has warned investors that ruling out a Le Pen victory would be a mistake in the upcoming French election.

The first round of the election will be held on April 23rd and then the top two candidates would fight it out in the second round on May 7th. In an email to customers, told investors that the political correctness leads people to lie in polls like the world has seen during the US election.

He warned that the market is too complacent ahead of the French election as the majority of the polls indicate Le Pen defeat. However, several polls have indicated that a large portion of French voters remains undecided ahead of Europe's most crucial election. Mr. Verdal has written, "while the base case is that she wont win".