SPEU - How French Politics Could Affect European Asset Markets In June
2024-06-11 10:05:00 ET
Summary
- French bond markets are selling off for a second day as investors adjust positions ahead of the unexpected French parliamentary elections later this month.
- We take a look at how European bond, FX and credit markets could perform.
- Any small hiccup and widening of spreads offers buying opportunities for additional pick-up, as we expect a slow grind tighter through the summer months.
By Timothy Rahill , Chris Turner, Benjamin Schroeder , & Francesco Pesole
Politics: Markets focus on French fiscal challenges
European financial markets remain under pressure for a second day as investors assess the possible outcome of French parliamentary elections later this month and where they could impact policy. Our ING colleagues discuss what the weekend developments mean for France here , and also for European policymaking and its impact on the economy more broadly here . Needless to say it is not good news....
How French Politics Could Affect European Asset Markets In June