French Election Raises Concerns for Right-wing Resurgence, Stocks and Bonds Fall

Reported 12 months ago

Concerns over the rise of the far-right in France's upcoming parliamentary elections have caused a shift in political landscape, leading to a significant drop in the CAC 40 index and a 6% decline for the month of June, along with French bond prices hitting a 7-month low. With predictions favoring eurosceptics and far-right parties, the outcome could potentially lead to a power-sharing government and a period of instability post-election.

Source: YAHOO

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