France's Chaotic Week Ends on High Note as Investors Dip Back In [Yahoo! Finance Canada]
Barclays PLC (BCS)
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Source: Yahoo! Finance Canada
(Bloomberg) -- In a week that saw the collapse of the French government, it wasn't a bad time to be owning French assets. Most Read from Bloomberg The CAC 40 Index of stocks is about to cap its best week in two months. Bond spreads narrowed, erasing the entire move since Nov. 20, when talk of Le Pen supporting a no-confidence vote surfaced. And the euro has stopped plunging, finding a floor around $1.05. The moves suggest the panic that has gripped markets is starting to dissipate as investors consider next steps for what's been an extremely turbulent chapter of French politics. In a deeply depressed market, it often doesn't take much for prices to bounce. The hint by Marine Le Pen, leader of the far-right party, that it's possible for the government of overcome the impasse and deliver a budget within weeks was enough to draw in some traders. “A lot of bad news is likely in the price already, while the potential appointment of a technocrat government in France could raise hop
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BCS
Sec Filings
- 12/2/24 - Form 6-K
- 11/19/24 - Form 13F-HR/A
- 11/15/24 - Form 13F-HR
- BCS's page on the SEC website