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13.10.2014 - Expectations on the French economy have worsened

International rating agency Standard & Poor's revised its long-term rating outlook of France, from "stable" to "negative", but left it unchanged at "AA". The main reasons for the deterioration of expectations of analysts became the revision of the forecast on growth in real GDP to 1.2%, which is 0.1% less than the previous forecast. In addition, the country's budget deficit in the years 2014-2017 will be 4.1% compared to the previously expected 3.2%. Among the strongest factors of the French economy in the agency called a high level of income per capita and labor productivity. We maintain a medium-term negative outlook on the French stock market.

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RISK WARNING: Trading of complex financial products, such as Stocks, Futures, Foreign Exchange ("Forex"), Contracts for Difference ("CFDs"), Indices, Options, or other financial derivatives, on "margin" carries a high level of risk, and may not be suitable for all investors. The possibility exists that you could sustain a loss of some or all of your initial investment and, therefore, you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading these markets, and seek advice from an independent financial advisor if you have any questions or doubts. Please carefully read our full "Risk Disclosure" and "Risk Disclosures for Financial Instruments & Investment Services". FXFINPRO Capital is the trading name of PFX Financial Professionals Limited, a limited liability company formed under the laws of Cyprus, registered with the Registrar of Companies in Nicosia, Cyprus, under nr. HE 237840 and regulated by the Cyprus Securities and Exchange Commission with license number 193/13.
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The CIF license of PFX Financial Professionals Ltd has been suspended by the Cyprus Securities and Exchange Commission until the 24th of December 2016. Please click here
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