London – European scholarships should open in a mixed manner on Tuesday, with all the eyes turned to France after the resignation of Prime Minister Sébastien Lecornu plunged the country into a new political crisis.
The United Kingdom Ftse The index should open slightly, according to the German index Dax 0.2% more, that of France CAC40 up 0.13% and that of Italy MIB FTSE 0.1% less, according to IG data.
France is at the center of attention this week after Lecornu’s surprise departure on Monday, which intervened just a day after he appointed a new government office and only 27 days after taking office.
In a surprise turn on Monday evening, French President Emmanuel Macron gave Lecornu 48 overtime for “final discussions” with the rival parties to try to get out of the dead end. Lecornu wrote on X that he would report on Wednesday evening to the president of any potential advance “so that he can draw all the necessary conclusions.”
The markets were shaken by the resignation of Lecornu; The French index CAC 40 closed down approximately 1.3% on Monday, after having reduced certain previous losses. French banks were among those that led to the decline, with Société Générale, BNP Paribas and Crédit Agricole down more than 3 % when the markets are closed.
The US stock contracts were down slightly on Tuesday evening after Wall Street launched the new week of negotiation with new heights, fueled by the enthusiasm aroused by a potential acceleration of mergers and acquisitions and by an expected decrease in the rates of the federal reserve.
This record comes as investors seem to forget the concerns related to the current closure of the United States government, which is now in its second week.
The closure delayed the publication of key economic data, such as the September employment report, expected on Friday, and therefore reduced the amount of information available for the Fed before its next decision on interest rates.
A longer stop, associated with this data failure, comes at a time when risks for the labor market and inflation remain a priority.
In the markets of Asia-Pacific, overnight, Japan Nikkei 225 reached a record level on Tuesday for the second consecutive session, carried by the technological rally at Wall Street.
European data published Tuesday include factories in Germany, real estate prices in the United Kingdom and French trade figures.
– PIA Singh of CNBC contributed to this market report.
