OECD out with a note on France 14 Sept
- 2018 GDP 1.6% vs 1.5% prev
- sees public sector deficit at 3.0% in 2017 and 2.9% in 2018
- French pension spend still high, retirement age low
- France needs long term strategy to cut public spending
- needs balance of power between workers,firm
OECD with a shot across the bows on spending despite upping GDP hopes.
EURUSD still trawling around 1.1880 making its mind up.
Order board with you shortly.
