French markets are still dominated by the fiscal picture, with the government planning a record bond sale next year as public debt sits at postwar highs. Political pressure is buil
French markets are still dominated by the fiscal picture, with the government planning a record bond sale next year as public debt sits at postwar highs. Political pressure is building too, with student protests and public sector strikes adding to the government's challenges ahead of budget season. Meanwhile, the euro has been losing ground to the dollar this month, and bond markets have had a rough September, keeping the fiscal overhang front and center for sentiment.
Sources
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