French President Macron aims to strengthen the military with a EUR 36bln increase in spending by 2030, including a EUR 3.5bln increase for 2026
Macron's significant increase in military spending signals a decisive shift in France's defense strategy, potentially influencing European defense policies ahead of critical regional elections.
Boston Scientific (BSX) announces agreement to acquire Penumbra (PEN) for USD 374/shr and deal values PEN at USD 14.5bln
Iranian Official says US President Trump informed Iran he does not intend to attack, via Dawn
French President Macron aims to strengthen the military with a EUR 36bln increase in spending by 2030, including a EUR 3.5bln increase for 2026
EU's Russia crude oil price cap to be USD 44.10/bbl from February 1st
Turkish Foreign Exchange Reserves (Jan/09) 79.35B (Prev. 74.56B )
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This move may bolster confidence in defense-related sectors while impacting fiscal positioning and government debt within the EU. Watch for market reactions in defense stocks and currency implications as this develops.
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