CAC 40 index has its worst week since March 2022 after Macron’s decision to call snap elections
France’s stock market is heading for its biggest weekly fall in more than two years, amid fears that the country’s far-right party could win the upcoming parliamentary elections.
French bonds were also hammered this week, as analysts warned of the risk of a Liz Truss-style market panic following Emmanuel Macron’s shock decision last Sunday to call snap national assembly elections.
