FRANCE FACES FITCH DOWNGRADE RISK Fitch Ratings may cut France’s AA- rating with negative outlook in its review Friday, according to Natixis economist Hadrien Camatte, who puts downgrade odds at 55%. Markets are watching closely as France grapples with worsening fiscal conditions and political instability. President Macron appointed Sebastien Lecornu as prime minister after a budget-related confidence vote toppled the prior government, but the new cabinet has limited power to pass fiscal reforms.(*Walter Bloomberg)