Asian Currencies Steady as Rupee Hits Record Low Amid Fed Rate Cut Bets 
U.S. Futures Steady as Rate-Cut Bets Rise on Soft Labor Data 
Citi Sets Bullish 2026 Target for STOXX 600 as Fiscal Support and Monetary Easing Boost Outlook 
Japan’s Nikkei Drops as Markets Await Key U.S. Inflation Data 
Asian Currencies Steady as Markets Await Fed Rate Decision; Indian Rupee Hits New Record Low 
BOJ Governor Ueda Highlights Uncertainty Over Future Interest Rate Hikes 
China’s Services Sector Posts Slowest Growth in Five Months as Demand Softens 
Trump and Lula Discuss Trade, Sanctions, and Security in “Productive” Phone Call 
Dollar Holds Steady as Markets Shift Focus to 2026 Rate Cut Expectations 
RBI Cuts Repo Rate to 5.25% as Inflation Cools and Growth Outlook Strengthens 
South Korea Posts Stronger-Than-Expected 1.3% Economic Growth in Q3 
Dollar Slides to Five-Week Low as Asian Stocks Struggle and Markets Bet on Fed Rate Cut 
Oil Prices Hold Steady as Ukraine Tensions and Fed Cut Expectations Support Market 
Europe Confronts Rising Competitive Pressure as China Accelerates Export-Led Growth 
Germany’s Economic Recovery Slows as Trade Tensions and Rising Costs Weigh on Growth 
Asian Markets Mixed as Fed Rate Cut Bets Grow and Japan’s Nikkei Leads Gains 
France faces an escalating political and economic crisis following the collapse of Prime Minister Michel Barnier’s government. President Emmanuel Macron now scrambles to appoint a new leader capable of navigating a fractured parliament and a deepening budgetary impasse. Opposition to Barnier's €60 billion austerity plan, driven by far-right and leftist lawmakers, led to his ousting, intensifying market anxiety.
The bond market has reacted with caution. French 10-year bonds saw their risk premium against Germany’s drop to 77 basis points, but this remains elevated compared to pre-crisis levels. Investors are wary of whether the next prime minister can bridge ideological divides while addressing the country’s 6% budget deficit.
French bank stocks initially rallied on hopes for stability but remain under pressure as uncertainty looms. Notably, far-right leader Marine Le Pen hinted at cooperating to pass emergency budget measures. Still, analysts warn that such promises might falter amid political fragmentation.
Macron’s urgency to install a prime minister highlights the volatility gripping French governance. Markets are watching closely to assess whether the successor will reassure investors or deepen skepticism. Experts predict that if the political stalemate persists, France risks further erosion of investor confidence.
