The euro remained resilient even after Fitch downgraded France\u2019s credit rating, citing rising debt, political polarization, and fiscal risks. French bond spreads widened against German bunds, highlighting investor caution. In response, new Prime Minister Lecornu scrapped a controversial plan to abolish two public holidays but stressed that fresh budget cuts remain necessary.<\/p>\n
U.S. Outlook<\/strong> Key Data Today<\/strong> The euro remained resilient even after Fitch downgraded France\u2019s credit rating, citing rising debt, political polarization, and fiscal risks. French bond spreads widened against German bunds, highlighting investor caution. In response, new Prime Minister Lecornu scrapped a controversial plan to abolish two public holidays but stressed that fresh budget cuts remain necessary. U.S. Outlook Attention…<\/p>\n","protected":false},"author":1,"featured_media":3206,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[4,5],"tags":[],"class_list":["post-3205","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-hot-news","category-market-insights"],"acf":[],"yoast_head":"\n
\nAttention now turns to the Federal Reserve\u2019s policy meeting on Wednesday. Some analysts see the possibility of a 50 basis point cut<\/strong>, arguing that a weakening labor market requires recalibration. President Trump has also publicly backed a deeper cut, while Treasury Secretary Bessant pointed to progress in U.S.\u2013China trade talks despite Beijing\u2019s tough demands.<\/p>\n
\nTraders will watch the Empire State manufacturing survey<\/strong>, alongside remarks from ECB officials including Isabel Schnabel, Claudia K\u00f6ker, and Christine Lagarde, which could provide fresh insight into the eurozone\u2019s monetary policy stance.<\/p>\n","protected":false},"excerpt":{"rendered":"