Economy

France's Debt Squeeze Rattles Bond Markets as Student Protests Spread
France's borrowing costs have hit their widest gap with Germany since 2012, as student protests and a presidential election complicate deficit cuts.
By Jamie Fisher
The Euro Is Near a 17-Month Low. Here's Who Gains and Who Pays.
EUR/USD is near a 17-month low as French fiscal fears outweigh weak US jobs data. Here's who benefits and who absorbs the cost.
By Jamie Fisher
Wage Growth Hits Six-Year Low: Why the BoE Still Has to Hike
UK jobs data just posted its weakest numbers in years. But an oil-driven inflation shock means the Bank of England may have no room to stay patient.
By Jamie Fisher
Why Central Banks Are Now Obsessed With Refinery Margins
Energy markets aren't just a headline risk anymore. Refinery profit margins have become a structural constraint on monetary policy heading into winter.
By Jamie Fisher