France's government bond sell-off is intensifying amid domestic unrest, with credit default swap spreads approaching 2013 highs.
Investing.com10/20, 02:51 PM
Market impact
Which way this story pushes each asset. An inference from the story, not a measured move.
EUR
Would push down
DaysLow confidence
Widening French sovereign CDS spreads raise eurozone political/credit risk, which can weigh on EUR
Gold
Would push up
DaysLow confidence
Rising eurozone sovereign stress can lift safe-haven demand for Gold
What could change this
If the domestic unrest in France eases, CDS spreads could narrow and reduce the pressure on EUR and the safe-haven bid for Gold.
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