Newsig · Gold & Metals
France is caught between angry students and unforgiving bond markets
France's student protests took a breather on Wednesday after weeks of unrest, but market pressure on the French government intensified ahead of budget talks.
Why it matters
EUR/USD (Euro / US Dollar) · Why linked: French bond market stress is a sovereign risk event within the eurozone that affects the common currency. Market context: The pair is expected to face downward pressure as investors price in higher eurozone risk premia.
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