Institution: The impact of political turmoil in France on the market has been controlled.

Swiss Baosheng analysts Nenad Dinic and Dario Messi stated in a report that there is an increase in political uncertainty in France, but its impact on the market is relatively limited. In terms of fixed income, the spread between French and German government bonds has widened, but analysts say that France's relatively high debt capacity should limit potential selling. On Monday, French Prime Minister Beru called for a vote of confidence on September 8. Analysts say, "Given his fragile minority and the opposition of the Socialist Party to his fiscal plans, as well as the support of far-left and far-right parties, the possibility of his government falling looks high." The yield on French 10-year government bonds fell 0.8 basis points to 3.490% intraday, while Tradeweb data showed that the yield on 10-year German government bonds fell 2.4 basis points to 2.700%.