French Government Collapse, Japan’s Prime Minister Resigns | The Opening Trade 9/8

Prime Minister Francois Bayrou’s government will likely fall Monday, a victim of his push to chip away at France’s massive debt load. Bayrou will face a confidence motion in France’s lower house, a vote he called in a bid to pressure lawmakers to back his budget proposals. He said over the weekend that it was needed as a “clarification.”

Japan’s Prime Minister Shigeru Ishiba announced on Sept. 7 he would resign, succumbing to weeks of pressure from within his ruling Liberal Democratic Party, following a historic upper house election loss in July.

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.

Chapters:
00:00:00 – The Opening Trade
00:01:31 – France Confidence Vote
00:07:29 – Japan Prime Minister Ishiba Steps Down
00:08:55 – Payrolls Infliuence Fed Rate Cut
00:14:27 – London Tube Strike
00:15:18 – Trump ‘Last Warning’ to Hamas
00:15:41 – Russia Strikes Kiev
00:17:18 – EU Sanctions Hit Russia, Oil Trade
00:20:16 – Japan Market Check
00:21:43 – Kevin Hassett on Fed
00:25:24 – Bayrou Government Collapse
00:36:51 – ECB Rate Decision
00:47:45 – Stocks to Watch: Oil Majors, ASML, UK Recruiters
01:05:10 – OPEC Oil Production Boosted
01:13:33 – Fresnillo Rallies Again
01:16:09 – France Social Party Member Arthur Delaporte
01:23:48 – Tariffs Still a Burden: Volkswagen CEO
01:32:53 – ECB Cuts in December, March: Morgan Stanley
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