French equities slipped, with luxury heavyweight LVMH, a top CAC 40 constituent, moving lower on the session. The fiscal picture remains a drag, as public debt climbed to 119% of G
French equities slipped, with luxury heavyweight LVMH, a top CAC 40 constituent, moving lower on the session. The fiscal picture remains a drag, as public debt climbed to 119% of GDP in the second quarter, while presidential candidates are floating retirement and savings reforms ahead of the election. Political noise persists, including union tensions with the Prime Minister and a proposal to redirect EU tech fines toward budget relief.
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