Unlock Editor’s Digest for free Roula Khalaf, editor-in-chief of the FT, selects her favourite stories in this weekly newsletter. Investors are warning that political unrest in Paris is leading to a reappraisal of the financial vulnerability of the eurozone’s second-largest economy. Many fear that the prospect of dysfunctional politics, slowing growth and a steadily rising … Read more
Above: Emmanuel MACRON, President of France. Copyright: European Union. Pound to euro conversions soared in value on Monday, delivering the best exchange rates for euro buyers in 34 months. The euro is under widespread pressure, with analysts blaming the calling of early elections in France and the apparent success of EU-skeptical parties in the European … Read more
The rising political heat is complicating interest rate decisions in the US and Britain, where central banks are wondering whether to cut borrowing costs as voters prepare to go to the polls. The Bank of England and the Federal Reserve want to avoid any perception that they are cutting rates to help sitting governments, former … Read more