FTSE 100 Falls in Bond Rout Amid UK and French Fiscal Fears

Youtube description The FTSE 100 is falling despite firmer U.S. futures as a European bond rout and UK and French fiscal concerns weigh on stocks. Fiona Cincotta, StoneX Senior Market Analyst, explains what is driving the European equity selloff and walks through the FTSE 100 chart. Gilt yields and French government bond yields have climbed, and the French-German yield spread is at its widest since March as markets weigh UK and French budget plans. U.S. Treasury yields found some respite after cooler-than-expected core PCE inflation data. The FTSE 100 has also broken down from a symmetrical triangle. Discover Actionable Insights with the latest Market Outlook Reports: https://intel.stonex.com/offer?language=en&campaignId=A908C315-DC62-4F35-AC16-870BB71E84D1&utm_source=youtube&utm_medium=social&utm_campaign=sxtv_guest_fiona_cincotta&utm_content=share 00:00 - Bond Rout Sinks Europe Stocks 00:45 - UK Fiscal Fears, FTSE 100 Lags 01:38 - U.S. Dodges Europe's Bond Rout 02:14 - FTSE 100 Triangle Gives Way 02:56 - Battle Line at the 200 EMA Like and subscribe for more financial market insights. #FTSE100 #StoneX #FionaCincotta #Gilts --------- Like this video? Subscribe and turn on notifications so you don't miss any videos from StoneX: https://www.youtube.com/@stonex_official Visit https://www.stonex.com/en/insights/thought-leadership/?utm_source=youtube&utm_medium=social for insights, perspectives and thought leadership from StoneX's global network of experts. Visit our website: https://www.stonex.com?utm_source=youtube&utm_medium=social