Flazed bonds, the crisis of trust and the European Central Bank meets

Two types of story dominated the gossip in the newsroom this week.

Favorite Water Broke? Strange for prominent CEOs, with The departure of the president of Nestle In unanimous relationship with subordinates and resignation of the Suntory CEO Ali It is possible to buy illegal materials Both caused a stir in the news rooms in London and Singapore.

But what kept the most crowded news offices is the fluctuations of the bond market, which may be launched until next week. During the past few days, we have had a large number of guests who share their views on some of the most important return movements that were seen in the UK and Europe school market for decades.

More than that can come next week …

Confidence or lack of confidence, this is the question

In the center of uncertainty in the return of European bonds is France.

On Monday, there will be a government confidence vote, Prime Minister Francois Bayro – and the ruling party will surely lose.

Photo by cuellar | Flechr Gety pictures

France competitors, Insoms, the National Mars and the Socialist Party, claimed that they would vote against the government. This provokes the possibility that President Emmanuel Macron will call sudden elections, although he is likely to seek to appoint another temporary government.

In a survey of customers, Nomura found that the revenues of French government bonds – or oats – will need to move more to cause a “great loss in the confidence of the international investor.” In a note, the bank referred to a review of the following classification of the sovereign debt of France by Fitch, scheduled for September 12, as a major date for watching.

The French flag is suspended over the grave of the unknown soldier in ARC De TIOMPHE in Paris on May 8, 2015, during a celebration of the celebration of 70 years since victory over Nazi Germany during World War II.

Italy used to be the evil boy in Europe. Now, France takes the stick

The European Central Bank for survival “non -information”

Another turning point will come this week when the European Central Bank meets on Thursday amid the growing market fluctuations.

The central bank is expected to keep 2 %, as HSBC expects President Christine Lagarde will maintain “Duofish’s bias”. The European Central Bank itself stressed the need to remain “unintentionally without information about future interest rate decisions” in its account in July on the policy meeting.

Market monitors expect Lagarde to be interrogated about the uncertainty in France during its press conference, but economists expect that they will avoid the answer directly.