Emmanuel Macron on Thursday named the EU’s former Brexit negotiator Michel Barnier as prime minister and the appointment is somewhat positive for the euro ahead of an intense EU budget season, ING said.
The appointment of Michel Barnier as the new French prime minister is unlikely to lift French government bonds in the long term, Societe Generale Research said.
Raiffeisen Bank said a Russian court blocked it from selling shares in its business in the country, dealing a blow to the Austrian lender’s plan to offload a controlling stake in the unit.
There are concerns that differences between Australia’s central bank and the center-left Labor government could grow into something quite serious that does long-term damage to the economy.
