French Unrest Weighs on European Stocks and the Euro
2 reports, 2 independent
Updated Oct 19
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What happened
Riots in France are negatively impacting European stock markets, with major indices falling over 1% during the European session. This uncertainty is weighing on the euro, which dropped 0.2% against the US dollar. Meanwhile, S&P 500 futures were reported up 0.5%.
From investinglive.com
Why it matters
The unrest in France is adding uncertainty to Europe's political and fiscal backdrop, which is negatively affecting regional stocks and putting pressure on the euro.
From investinglive.com
Who's involved
- EuropeThe continent where the stock market downturn is occurring.
- euroThe currency whose value is being weighed down by the unrest.
- Emmanuel MacronThe president of France, whose country is experiencing the unrest.
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The entities involved
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Europe
terrestrial continent located in north-western Eurasia
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Nasdaq
American fully electronic stock exchange