French PM Lecornu Resigns, The LDP's Victory Buoys Japanese Equity Markets | The Opening Trade 10/6
October 6, 2025
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1:39:05Now PlayingFrench PM Lecornu Resigns, The LDP's Victory Buoys Japanese Equity Markets | The Opening Trade 10/6
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as posted by the channelFrench Prime Minister Sebastien Lecornu resigned, about three weeks after being named to the post by President Emmanuel Macron, sending French stocks lower and bond yields higher. The move comes just a day after the cabinet was announced, appointments that were broadly panned.
Pro-stimulus lawmaker Sanae Takaichi’s near-certain elevation as Japan’s next prime minister jolted financial markets, with the yen and long-term bonds tumbling even as equities surged to all-time highs. The yen lost against the dollar to past 150 and sank to an all-time low against the euro. Longer-term bonds fell on concern Takaichi’s policies will require more government spending and fan inflation.
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 Guy Johnson, Lizzy Burden and Valerie Tytel.
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