Markets · Press ✓ 3 outlets
The euro stays near a 17-month low as markets single out France's debt
The euro traded near a 17-month low against the US dollar on Tuesday amid worries over French debt, the Business Times reported. CNA reported the euro sliding as concerns mounted. The Straits Times carried an analysis asking whether markets are singling France out for a 2010-style sovereign debt crisis. European shares rose to near one-week highs.
A European debt scare can spread through bond markets worldwide and affect Singapore's banks and REITs.
Euro-priced travel and goods are cheaper for now.
Watch the gap between French and German bond yields.
DailyDrop Singapore edition No. 2 · Morning · TUE., OCT. 6, 2026