French political turmoil is impacting markets, with concerns over the upcoming elections. Despite warnings, a financial crisis is deemed unlikely due to the high debt and deficits. Markets are adjusting to the situation, with a focus on the potential outcomes of the elections.
After an initial flurry of excitement, markets have gone back to ignoring the French elections. The base case is for a hung parliament and political dysfunction, but markets are used to that and basically ignore it. Euro positioning (black) remains long... https://t.co/aoCTJvihEV
Whoever wins the French elections, they must beware of the markets https://t.co/c0iYT83Osg
Politics are driving markets—or are they? It seems that France’s stock market has been hit by the President’s surprise call for an election at the end of the month while US stocks have continued to climb. But this raises a question: what best explains the relative performance of… https://t.co/qzj47JEM3v
Vive La #France! The outcome of the European #elections is NOT the cause of recent turmoil in French markets. It's just another example of how high #debt and massive budget #deficits make #bonds unattractive to invest in. Click here for my latest blog: https://t.co/gdsiAbpiqF https://t.co/AQOBmsJird
Contrary to warnings from France’s finance minister, a victory for the hard right or left would be unlikely to prompt a financial crisis https://t.co/ZgQqUYsyKl 👇
France and U.K. elections loom. One of them may be a big problem for markets. https://t.co/8bXru9oiYE
Markets are still digesting the political turmoil in France. Meanwhile, Marine Le Pen’s party set a high bar for the upcoming election https://t.co/hP0VomgaL7
French political ructions have roiled markets, but this is not the euro crisis redux, writes @marcusashworth https://t.co/GCosbXmIRP via @opinion