France
Europe stocks open lower; French stocks slide after Moody’s credit downgrade; Broadcaster Canal+ lists in London
European markets opened lower Monday, as traders gear up for a final week of central bank action. The regional Stoxx 600 index opened 0.09% lower, with travel stocks leading losses. France’s CAC 40 index dropped 0.36% as investors assessed credit rating agency Moody’s surprise Saturday decision to downgrade the country’s score to Aa3, from Aa2 […]
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European markets slip as investors react to economic data; French stocks edge higher as new prime minister named
French government bond yields creep upward as Bayrou named prime minister Journalists work outside the Élysée Palace after French president Macron named centrist Francois Bayrou as Prime Minister in Paris on Dec. 13, 2026. Bertrand Guay | Afp | Getty Images Yields on French government bonds ticked higher on Friday, after the country’s President Emmanuel […]
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European markets open lower as positive sentiment vanishes
Germany confirms harmonized inflation at 2.4% for November Germany issued a final reading of its November inflation data on Tuesday, confirming the preliminary harmonized print of a 2.4% year-on-year increase, according to state news agency Destatis. It noted that the November inflation was exacerbated by price hikes in the services sector, but benefitted from a […]
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European markets higher as new trading week kicks off; Gucci-owner Kering rises over 4%
European markets opened higher on Monday as the new trading week kicked off, with investors weighing geopolitical turmoil. The pan-European Stoxx 600 was up by around 0.3% at 8:34 a.m. London time, with most major regional bourses and sectors trading in positive territory. Traders will be assessing geopolitical upheaval in the Middle East after the […]
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European markets set to open lower as French political upheaval drags on
Opening calls The FTSE 100 is expected to open 8 points lower at 8,341 on Friday morning, while the German DAX index is slated to lose 24 points at the opening, according to IG, bringing it down to 20,334. Meanwhile, IG is predicting that the CAC 40 will open around 8 points lower at 7,322. […]
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France’s political crisis just saw the government ousted — but Paris’ problems have just begun
French Prime Minister Michel Barnier delivers a speech during the debate prior to the no-confidence votes on his administration at the National Assembly in Paris, France on December 4, 2024. Anadolu | Anadolu | Getty Images The toppling of French Prime Minister Michel Barnier’s government Wednesday can be seen as the climax of months of […]
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CNBC Daily Open: South Korea and its markets are not unfamiliar with impeachment
A man wearing an outfit with a face mask of South Korea’s President Yoon Suk Yeol dances outside the National Assembly in Seoul, South Korea on December 4, 2024, after Yoon declared martial law. South Korea’s President Yoon Suk Yeol on December 3 declared martial law, accusing the opposition of being “anti-state forces” and saying […]
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French government toppled in no-confidence vote brought by opposition
France’s Prime Minister Michel Barnier (C) looks on during a session of questions to the government at The National Assembly in Paris, on December 3, 2024. Julien De Rosa | Afp | Getty Images The French government has been toppled in a vote of no confidence Wednesday, plunging the euro zone’s second-largest economy into a […]
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Here’s how investors are trading France’s political chaos
The French government is on the brink of collapse and investors are gearing up for a volatile week of trading, with some eyeing opportunities amid the chaos. The difference between French and German government bond yields has risen to 85 basis points in recent days — the highest in more than 10 years — as […]
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European markets open higher but France’s political upheaval is in focus
Annual Swiss inflation rises less than expected to 0.7% in November Switzerland’s inflation rate rose 0.7% year-on-year in November, just shy of the 0.8% print expected by analysts polled by Reuters. The country recorded a 0.1% drop in consumer prices from the previous month. The cooling inflation rate could add pressure to the Swiss National […]
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