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China Stimulus Disappointment, Macron to Name New Prime Minister | The Opening Trade 12/13

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December 13, 2024

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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.

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