AI investor sentiment turns sharply negative in Asia, BofA says
BofA's European capital goods team says discussions with around 50 clients in Hong Kong and Singapore were more sceptical than expected.
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French debt selloff could slow ECB hikes, Citi says
Citi says recent French debt weakness may make the ECB less likely to deliver a back-to-back October hike. It cites widening German-French 10-year yield spreads and possible TPI implications.
The French debt selloff could slow ECB hikes
THE FRENCH DEBT SELLOFF COULD SLOW ECB HIKESMarket pricing currently sees an October rate hike by the European Central Bank as roughly a coin toss but Citi reckon the recent sharp selloff in French debt could mean the ECB will prefer to hold pat.Their route to this conclusion is a touch involved, b…