German Stocks Outshine French Due to Fiscal and Growth Concerns

  • 📰 nbcchicago
  • ⏱ Reading Time:
  • 42 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 37%
  • Publisher: 51%

Finance Noticias

GERMAN STOCKS,FRENCH ECONOMY,BARCLAYS STRATEGISTS

Barclays' strategists note that German blue-chip stocks hold more promise than their French counterparts, citing France's weak fiscal and growth fundamentals and potential bond vigilante risks. France faces years of political uncertainty and investor concerns over its large debt pile.

German blue-chip stocks show more promise than their French counterparts, Barclays' strategists wrote in a note Friday, saying France has weak"long-term fiscal and growth fundamentals" and a looming risk of bond vigilantes sweeping in.

France's left-wing New Popular Front alliance has said it will table a vote of no confidence if Barnier tries to force through the budget — so the government may need to make concessions to the far-right National Rally party in order to pass the motion. However, if the government falls, that spread could widen toward 100 basis points and drive the CAC down by between 4% and 5%, they warned, and"bond vigilantes would likely step in the event of no stable government forming" or if the budget fails to pass.

Beyond the short-term budget debate, Barclays found medium-term risk asymmetry was"not great" for French markets, and that"concerns about political instability and long-term fiscal trajectory may persist."Jane Foley, senior FX strategist at Rabobank, is not convinced.

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 545. in CO
 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.

Colombia Últimas Noticias, Colombia Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

German Stocks Show More Promise Than French Due To Political and Fiscal ConcernsBarclays' strategists suggest German blue-chip stocks are more promising than their French counterparts, citing France's weak long-term fiscal and growth fundamentals, political uncertainty, and the risk of rising borrowing costs.
Fuente: NBCLA - 🏆 319. / 59 Leer más »

European stocks mixed; German politics, Air France KLM slump in spotlightEuropean stocks mixed; German politics, Air France KLM slump in spotlight
Fuente: Investingcom - 🏆 450. / 53 Leer más »

European stocks slip lower; German inflation rises above 2%European stocks slip lower; German inflation rises above 2%
Fuente: Investingcom - 🏆 450. / 53 Leer más »