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France's Debt Reduction Target Questioned by Rating Agencies /
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2024-07-01 10:05:07

France's Debt Reduction Target Questioned by Rating Agencies on Nostr: French Stock Market Surges and Euro Gains as Investors Eye Hung Parliament and Await ...

French Stock Market Surges and Euro Gains as Investors Eye Hung Parliament and Await US Employment Report
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#d044f1de ver:0.31

The French stock market surges and the euro gains as investors eye a potential hung parliament in France and await the US employment report. French banks lead the gains, while European stock markets also edge higher. The upcoming second round of voting in France will determine the euro's direction for the week. Meanwhile, the US dollar struggles as investors adjust positions ahead of key macroeconomic events. Sterling lacks impetus ahead of the UK general election. Asian currencies strengthen as US inflation cools and the yuan stabilizes. Gold price oscillates, Bitcoin breaks above a falling wedge pattern, and UK house prices rise. Boeing acquires Spirit Aerosystems, while Airbus gains compensation. Futures suggest a surge in the CAC 40 index, and European equities are set for a strong session. Market participants prepare for a busy week ahead with elections, the US employment report, and the ECB's annual gathering....

#newstr #FrenchStockMarket #Euro #FranceParliamentaryElection #MarineLePen #NationalRally #HungParliament #UkHousePrices #Boeing #SpiritAerosystems #Airbus #FrenchBanks #Cac40Index #Ftse100 #BondYields #GermanyPmi #EurozonePmi #UkMortgageApprovals #S&pManufacturingPmi #UsPceData #BankOfJapan'sTankanReport #China'sFactoryActivity #UsDollar #Gold #Copper #CrudeOil #Politics #Payrolls #Policy

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