TEC-10 index, published by Agence France Trésor, which measures interest rate paid by the State on its ten years bonds has reached on July 1^st, an unprecedented level : 0,17%. It had fallen last Monday, after the announcement of the results of the British referendum, and had come back to the low levels attained during a few days, in April 2015. But the fall was amplified at the end of the week. Investors have chosen the safest assets when financial markets were confronted with a confidence crisis reflecting worries generated by the Brexit vote. But if stock markets ...

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The media impact of economic news publications is mainly the result of their predictive nature. It is not new. Since the beginning of humanity, and astrology emergence can testify of it, men are obsessed by what may arrive to them and pay a lot of attention to those who pretend to tell it to them. The success of economics and of the economists is the current version of this phenomenon. There is not a single day without the release of economic forecasts. Due to the necessary delay to gather numbers we are at the point where we forecast or revise ...

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Is a public statement, even if it has been pronounced by the president, enough to convince us? And does it reflect the reality? The announcement of a slightly better than expected growth for the 1^st quarter, a significant reduction of unemployment, along with the signature of a major contract with Australia related to the sale of submarines, are definitely good news. Regarding to the job market, it is undisputable. Figures are volatile, from months to months and transfers between different categories of jobseekers can affect their interpretation but there is no doubt the vertiginous rise, recorded during the last ...

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