What a hung parliament in France could mean for markets
Publishing timestamp: 2024-07-08 04:45:45
Summary
Analysts warn that stock markets may be too optimistic about French election, uncertainty looms as no single party may gain absolute majority. Left-wing coalition projected to gain most seats, potential gridlock could impact policymaking and financial markets. Concerns over fiscal position and EU budget rules. Bond market jitters. Hung parliament seen as least negative scenario.
Sentiment: MIXED
Keywords: business news, world markets, breaking news: markets, eur/usd, markets, dxy us dollar currency index, elections, stoxx 600,
Source: https://www.cnbc.com/2024/07/07/what-a-hung-parliament-in-france-could-mean-for-markets.html