France's fiscal story stays front and center, with the Banque de France governor pressing for an urgent budget as sovereign debt concerns linger. Consumer spending is showing signs
France's fiscal story stays front and center, with the Banque de France governor pressing for an urgent budget as sovereign debt concerns linger. Consumer spending is showing signs of pullback, adding a softer demand note to the domestic picture. The news flow itself is quiet today, mostly political and international items, so the market pulse remains one of fiscal anxiety with little fresh direction.
Sources
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