Latest data released by the Bank of France - 10 December 2018
- Prior 103; revised to 102
Of note, the central bank sees French Q4 growth slowing to +0.2% from previously forecast of +0.4%. That's a bit of a blow as Q3 growth was +0.4%. Confidence is waning in the Eurozone economy but let's see if hard data holds up in Q4 to help ease concerns faced by the ECB.
As for France itself, the country has bigger problems to deal with as the protests and unrest continue to break out. That is piling heaps of pressure on French president Emmanuel Macron and he will address the nation later at 2000 local time.
The riots have yet to impact the euro all too much but this is a risk factor to consider and keep an eye out on in the coming days/weeks.
