European stocks set for mixed open as French crisis weighs on sentiment [CNBC]
CREDIT AGRICOLE UNSP/ADR (CRARY)
NASDAQ:AMEX Investor Relations:
credit-agricole.com/en/finance/finance
Company Research
Source: CNBC
The U.K.'s FTSE index is expected to open slightly lower, Germany's DAX 0.2% higher, France's CAC 40 up 0.13% and Italy's FTSE MIB 0.1% lower, according to data from IG. France is firmly in focus this week following Lecornu's surprise departure on Monday, which came just one day after he had appointed a new government cabinet and only 27 days into the job. In a surprise twist on Monday evening, French President Emmanuel Macron gave Lecornu another 48 hours for “final discussions” with rival parties to try to break the impasse. Lecornu wrote on X that he will report to the president on Wednesday evening on any potential breakthrough “so that he can draw all the necessary conclusions.” Markets were rattled by Lecornu's resignation; France's CAC 40 index closed lower by around 1.3% on Monday, having pared some earlier losses. French banks were among those leading the declines, with Societe Generale BNP Paribas and Credit Agricole all down more than 3% when markets closed. U.S. s
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