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France braces for more protests as Yellow Vests urge 'mass disobedience'

A burning car surrounded by thick smoke and people in a city street
Photo by Pierre-Louis Mièze on Unsplash

French unions and student groups plan another day of protests on Saturday. The Yellow Vests movement intends a separate rally in central Paris despite a ban from the authorities. The demonstrations follow weeks of youth-led unrest and nationwide strikes, in which hundreds of thousands of workers protested over the rising cost of living.

📊 What it means for markets

Protests like this are mainly a domestic political and social matter. They may add some uncertainty for French assets such as the euro or French stocks, while direct effects on gold, oil, USD or crypto are often limited.

Source: France 24

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