Euro futures reach lowest close since May 2025.

Bob Iaccino analyzes the Euro futures market as the December contract faces continued downward pressure, sliding to its lowest level since May 2025. The discussion covers the impact of France's impending 2027 budget debate, which has raised the prospect of a no-confidence vote and elevated French borrowing costs. Additionally, Iaccino breaks down mixed economic signals from Germany, where a 2% rise in August industrial production was preceded by a significant 10.6% drop in factory orders, raising questions about future demand across the eurozone.