Violent street protests in France and Italy trigger stock and bond sell-off and send euro lower – business live

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Chris Beauchamp, chief market analyst at investing and trading platform IG, said:

Investors worried about political flashpoints will be watching France nervously. Given the country’s precarious financial situation, the riots of recent weeks may only be a foretaste of what is to come should any government attempt to reform public spending.

While other European markets enjoyed a stronger period last week, the CAC continued its miserable performance. But betting on France’s recuperative powers has been the way to go in previous crises – can the Fifth Republic pull off a similar trick again?

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Source: Guardian Business