Market Analysis
Market flash: Uncertainty is the word of the week
06/12/2024
In France Michel Barnier’s government fell, ushering in a fresh bout of uncertainty. The technical government option now seems to be the most likely scenario. However, peripheral eurozone countries are enjoying some momentum, which has offset the negative impact of French and German difficulties.
Economic indicators in the US are still buoyant but less so as the economy gradually returns to normal.
In China, the situation is improving but gradually, with the Caixin manufacturing PMI rising for the second month running.