Reported 11 months ago
French markets experienced a significant decline as President Emmanuel Macron's surprise decision to call an election caused investors to sell off the nation's securities. The uncertainty over France's fiscal woes and the upcoming election led to a steep drop in stocks, with banks being the hardest hit. Yields on French bonds rose, and the euro fell to a one-month low. The market turbulence reflects concerns about France's growing debt and the potential impact of the election on Macron's governance and legislative agenda.
Source: YAHOO