The recent turmoil in the French political landscape has sent ripples through European financial markets, particularly impacting the country’s debt dynamics. Following a significant upheaval that culminated in the fall of the government led by Prime Minister Michel Barnier, investors witnessed a notable decrease in the risk premium associated with French bonds. This situation merits
Veera
The People’s Bank of China is expected to keep the one-year and five-year Loan Prime Rates steady at 3.45% and 3.95% respectively. However, any unexpected cut could potentially boost demand for the Australian dollar. Lower lending rates in China could lead to an increase in credit demand and consumption, which in turn could benefit the