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French PM Lecornu Resigns, The LDP's Victory Buoys Japanese Equity Markets | The Opening Trade 10/6

Bloomberg•Monday, October 6, 2025 at 12:01:17 PM
NegativeFinancial Markets
French PM Lecornu Resigns, The LDP's Victory Buoys Japanese Equity Markets | The Opening Trade 10/6
French Prime Minister Sebastien Lecornu's resignation just weeks after his appointment has sent shockwaves through the French financial markets, causing stocks to drop and bond yields to rise. This unexpected move follows his inability to gain support from opposition parties, highlighting the challenges within Macron's government. Meanwhile, Japan is experiencing a contrasting scenario as pro-stimulus lawmaker Sanae Takaichi is poised to become the next prime minister, leading to a surge in Japanese equities to record highs. This juxtaposition of political stability in Japan against turmoil in France underscores the varying economic landscapes in these two nations.
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