France's Europe Minister says France will not bow to pressure to conclude the EU's budget negotiations by the end of 2026, Politico reports
France's refusal to fast-track EU budget negotiations indicates a commitment to ensuring quality over speed, which could signal longer-term uncertainty in European fiscal policy.
US White House NEC Director Hassett says "we are going into the Trump-Xi meeting very ambitious"
US White House NEC Director Hassett says inflation is going down at an microeconomic level; core inflation averaging 2.6% past six months
France's Europe Minister says France will not bow to pressure to conclude the EU's budget negotiations by the end of 2026, Politico reports
US PRE-MARKET MOVERS: EEX, CRCL, MOS, CEG, FOXA, DELL, LITE, MNDY, SONY, MU/INTC
US White House NEC Director Hassett says stocks are doing well because of earnings surprises, CNBC reports
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- Opposes fast-tracking negotiations at any cost and the only priority is to have a good budget.
This stance may affect EU cohesion and potentially impact markets sensitive to regulatory or fiscal stability, particularly in the Eurozone. Traders should consider the implications for Euro movement and overall risk sentiment in response to prolonged negotiation timelines.
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