French government bonds under pressure after Moody’s downgrade
The yield on 10-year French debt rose to more than 3%, on the first trading day after the credit rating agency unexpectedly cut France's debt…
Markets rally on bets Le Pen will fall short in French second round
The euro opened higher on Monday as the first round of French parliamentary elections indicated that Marine Le Pen's National Rally (NR) may not secure…
Risk aversion prevails in markets amid French political uncertainty
Global markets shifted to a risk-off mode amid political uncertainties in France. As investor sentiment soured, haven assets saw a surge, while the euro and…
France’s borrowing costs rise on Macron’s snap election decision
Investors are fleeing French markets amid uncertainty following President Macron's decision to call an early parliamentary election. ADVERTISEMENTBorrowing costs for the French government on Tuesday…