Trump Sparks Peso Gains, French Bond Risk Hits Highest Since Euro Crisis | The Opening Trade 11/28
November 28, 2024
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1:36:12Now PlayingTrump Sparks Peso Gains, French Bond Risk Hits Highest Since Euro Crisis | The Opening Trade 11/28
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as posted by the channelThe peso advanced after President-elect Donald Trump said he had a productive conversation with Mexico’s president Claudia Sheinbaum, paring some of the losses seen earlier in the week. A later post from her suggested differences remain in how to approach key issues like migration. French bond risk rises to 2012 levels due to political standoff over the country's budget as Prime Minister Michel Barnier's ability to pass a budget and enact spending cuts remains in doubt. The potential fall of the government could drive bond risk higher, with some strategists predicting a spread of 100 basis points or more. 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.
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