According to data from Jinshi, political turmoil in France and the upcoming elections in Germany have increased uncertainty, which may force the European Central Bank to intervene. Investec economist Sandra Horsfield stated that the risk of a confidence crisis is rising, which could lead to an economic downturn in France and affect the Eurozone through trade links.
She pointed out that taking precautions might be a wise move, but a significant interest rate cut now could exacerbate market anxiety.
