No EU majority in favour of using the Anti-Coercion Instrument (ACI), Playbook reports, despite the language from French President Macron on it

No EU majority in favour of using the Anti-Coercion Instrument (ACI), Playbook reports, despite the language from French President Macron on it.

The lack of a majority in the EU for the Anti-Coercion Instrument (ACI) indicates potential divisions within the bloc on responding to external pressures, despite President Macron's support. This may suggest a more cautious EU stance on foreign trade relations, impacting perceptions of EUR stability and creating ripples in FX markets. Be aware that this could also influence risk appetite across equities and commodities, particularly for companies engaged in trade-sensitive sectors.