China Stimulus Disappointment, Macron to Name New Prime Minister | The Opening Trade 12/13
European stocks were set to snap a three-week winning streak as investors weighed the lack of fresh stimulus in China, the region’s key trading partner, and tracked political events in France. Traders await Emmanuel Macron’s decision friday, as the yield premium on French 10-year government bonds over German equivalents, a closely watched gauge of risk, rose to as much as 90 basis points during the political upheaval — hitting the widest since 2012 — but has recently eased and last traded around 77 basis points. 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
00:01:30 – China Stimulus, New French PM, ECB Data
00:07:15 – UK Economy Shrinks
00:09:27 – Russia Nears Deal With New Syria Leaders
00:10:31 – Klarna Stops Hiring, Says AI Doing Work
00:13:07 – ECB’s Villeroy on Rate Cuts Next Year, Market Expectation
00:23:32 – China Vows to Boost Domestic Consumption
00:30:18 – Macron Seeks to Avoid New Poll Until Term Ends in 2027
00:45:35 – European Market Open
00:59:55 – ECB Cuts 25PS to Boost Europe Economy
01:11:38 – Hensoldt CEO on European Defense Spending Next Year, German Debt Cieling
01:24:14 – Human Egg Trade Thrives in Open, Gray and Black Markets
01:34:00 – Manchester Derby This Weekend: Manchester United, Man City
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