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PropMarketCapFRESHMacroeconomics and central banks

Pound slips to 1.3300 ahead of UK budget - Fed meeting today at 21:00 MSK

Today at 15:30 MSK UK Finance Minister John Healey presents his first annual budget, and at 21:00 MSK the Fed will announce its rate. GBP/USD is already at 1.3300 - the lowest since October 19.

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Yield on 10-year French bonds above 5% - for the first time since 2002

France has become Europe's main problem: the yield on its 10-year government bonds (OATs) broke through 5%, and the spread with German paper reached 158-160 basis points - the widest since 2011, that is, since the height of the eurozone debt crisis.