French assets came under pressure for a second day as concern the government will fall in a showdown over proposed budget cuts rattled investors. The benchmark stock gauge slumped 2.1%, extending losses from Monday when Prime Minister Francois Bayrou announced that he would call a confidence vote in his own government.
UK bond yields soared to within a whisker of a 27-year high Tuesday, piling pressure on Prime Minister Keir Starmer’s government to reduce fiscal expenditure.
The Opening Trade has everything you need to know as markets open across Europe. With analysis you won’t find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Anna Edwards, Guy Johnson and Kriti Gupta.
Chapters:
00:00:00 – Introduction
00:14:01 – Trump Moves to Fire Fed’s Cook
00:16:31 – ROBERT DISHNER, NEUBERGER BERMAN EUROPE, SENIOR PORTFOLIO MANAGER
00:25:17 – France’s Government Risks Another Collapse, Weighing on Markets
00:28:05 – KIT JUCKES, SOCIETE GENERALE, CHIEF FX STRATEGIST
00:51:59 – KIRAN GANESH, UBS GLOBAL WEALTH MANAGEMENT MANAGEMENT CHIEF INVESTMENT OFFICE, MULTI-ASSET STRATEGIST
01:19:40 – OLE HANSEN, SAXO BANK, HEAD OF COMMODITIES
——–
More on Bloomberg Television and Markets
Like this video? Subscribe and turn on notifications so you don’t miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9
Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more.
Connect with Bloomberg Television on:
X: https://twitter.com/BloombergTV
Facebook: https://www.facebook.com/BloombergTelevision
Instagram: https://www.instagram.com/bloombergtv/
Connect with Bloomberg Business on:
X: https://twitter.com/business
Facebook: https://www.facebook.com/bloombergbusiness
Instagram: https://www.instagram.com/bloombergbusiness/
TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en
Reddit: https://www.reddit.com/r/bloomberg/
LinkedIn: https://www.linkedin.com/company/bloomberg-news/
More from Bloomberg:
Bloomberg Radio: https://twitter.com/BloombergRadio
Bloomberg Surveillance: https://twitter.com/bsurveillance
Bloomberg Politics: https://twitter.com/bpolitics
Bloomberg Originals: https://twitter.com/bbgoriginals
Watch more on YouTube:
Bloomberg Technology: https://www.youtube.com/@BloombergTechnology
Bloomberg Originals: https://www.youtube.com/@business
Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake
Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol
Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
