Economy
Record bets against the euro: how much further could it fall?
The euro hit a 17-month low as French debt fears and Europe's energy shock weigh on the currency. Bond market stress could limit further ECB rate hikes, while analysts see scope for the euro to fall to $1.10 if the pressure intensifies.
Markets
Euro hits 17-month low on French debt fears and Spanish turmoil
The euro slid to its weakest level against the US dollar since May 2025 on Monday, as France's debt troubles and Spain's political turmoil, capped by a snap election call, fuelled fears of a fresh eurozone crisis and of contagion across the bloc's bond markets.
Markets
European bond yields ease after brutal sell-off as US mortgages hit 7%
European government bond yields eased on Friday morning, pulling back from a brutal sell-off earlier in the week, even as US Treasury yields pushed to fresh multi-decade highs, and mortgage rates in America hit 7%, their highest level since Donald Trump returned to office.
Economy
France's economic outlook for 2026: How heavy is the debt burden?
France’s economic outlook for 2026 remains constrained by rising debt, high deficits, and political deadlock. Growth is set to recover modestly, but limited fiscal consolidation and reform fatigue continue to weigh on the economy.