News
🚨 🇫🇷 French consumer confidence slumps to 80, lowest since 2013
🚨 🇫🇷 French consumer confidence slumps to 80, lowest since 2013
- 🇫🇷 French household confidence fell to 80 in October from 85, well short of the 85 expected, per newswires, released at
- 🇫🇷 That is the weakest reading since June 2013, per newswires, a five-point drop in a single month
FO view: A record-low mood among French households adds to euro area growth worries and to France's fiscal strain, a soft weight on the euro and a reason for the OAT-Bund spread to stay wide.
Not investment advice.