French President Emmanuel Macron gave his outgoing prime minister, Sebastien Lecornu, until Wednesday night to negotiate with France’s political parties in a last-ditch effort to prevent the country from falling deeper into crisis. Macron’s options include appointing a new prime minister, calling a parliamentary election, or resigning, with opposition groups clamoring for fresh legislative elections. French-German bond spreads are widening.
A prolonged US government shutdown, upheaval in France and leadership change in Japan have all driven gold higher in the latest surge. Spot prices have risen about 50% this year, on track for the biggest annual gain since 1979.
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 – The Opening Trade
00:02:07 – France 48-Hour Deadline
00:07:49 – Gold Nears $4,000
00:10:59 – OpenAI Boosts Tech Stocks
00:13:23 – October 7, Israel Hamas Peace Talks
00:13:50 – Trump, Brazil’s Lula Phone Call
00:14:08 – Orsted Raises $9.4B
00:15:31 – ‘Gold Rise is Concerning’: Ken Griffin
00:16:48 – France Budget Deficit Still Wide
00:25:24 – Reeves Pushes for More UK IPOs
00:27:14 – JPMorgan Tech Stars Conference
00:37:08 – Macron Last-Ditch Effort for France
00:47:54 – Stocks to Watch: Shell, Orsted, Luxury Stocks
01:05:33 – Orsted Stock
01:15:58 – French Government Crisis
01:30:03 – Mario Draghi on Europe, Global Risks
01:33:44 – Gold Price
01:34:31 – AMD Deal, Tech Stocks
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