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Market Talk comments pointed to euro resilience versus French fiscal worries, rising French sovereign credit risk and steadying Treasury yields. The roundup also cited Germany’s improved growth outlook and an upcoming Canadian jobs report.
French Prime Minister Sébastien Lecornu said the government will unveil its policy response at month-end as protests for higher spending continue and investors sell French bonds. Market watchers said the combination of fiscal strain and political pressure could keep French sovereign yields under stress.
EXECUTIVE SUMMARY * TRUMP HAILS 'VERY GOOD' IRAN TALKS FOLLOWING ANNIHILATION THREAT - BBG: #cdbad0a1-5c8d-4cdb-9819-370162b99299 * ZELENSKY ASKS TRUMP FOR WINTER ARMS PACKAGE, EXPECTS ENERGY-CEASEFIRE PUSH - WSJ: #a4c79a68-e487-466b-a806-4885fa3200e0 * LASTING SHOCKS, FIRMING DEMAND REQUIRE FED ACTION - BARKIN - MNI