Macron's Election Gamble, Fed Largely Expect to Hold Rates| Markets Today 06/12/24

Published 2024-06-12
France's finance minister warns the country could face a debt crisis if Marine Le Pen wins the upcoming snap parliamentary election. After two days of volatility we bring you the open of European bond markets. US stocks power to another record but a rally in Treasuries takes a pause as investors brace for a double-whammy of US inflation and a Fed decision. Gilt demand hits a record high, as expectations dim for BOE monetary tightening, while PM Sunak promises more tax cuts in the Tory elections manifesto. 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, Tom Mackenzie and Anna Edwards.

00:00:00 - Intro
00:01:51 - Macron's Election Gamble, Resignation Rumors Denied
00:15:38 - Fed, US CPI Preview
00:17:17 - Societe Generale's Head of FX Strategy Speaks
00:23:29 - Greek Prime Minister Kyriakos Mitsokakis Speaks
00:41:05 - French Bonds Slide on Macron Announcement
00:47:00 - European Market Open
00:50:00 - Union Bancaire Privee Chief Strategist Speaks on Tech Sector
01:13:28 - Apollo's Global Head of Wealth Management Solutions EMEA Speaks

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