Yes. In fact, it is the shortest leave prime minister since 1958, since the creation of the People's Republic by Charles de Gaulle. As you mention, and this is getting very difficult for President Macron, he doesn't have many options left.We're going already through five prime ministers in less than two years. These one only sit for three and a half weeks. He's tried to form a cabinet last night.Last night, this cabinet lasted for basically 12 hours before the Republicans decided to pull out. And the social ...

Go through the price targets now for four year end of next year. We'll take from that. What are you looking for at the moment.Yes. So we have gold rising of 10% to 4300 by the end of by the end of next year, but with significant upside, both because the recent drivers of the rally are driven by the pretty sticky inflows from both central banks and ETF holders holdings. It's not driven by spec positioning, which tends to be more mean reverting.And second. In September we saw that ETF inflows were six times l ...

Herman, you've been talking about it for years. We've been having that conversation with you. It's coming. It's coming.These guys are going to get together. Here it is. How widely expected was this particular tie up.Yes. So this deal actually reinforces the fact that larger Midwest regional banks are expanding into higher growth markets. You've seen this with PNC in the First Bank transaction. You've seen this with Huntington in Ohio expanding into Texas with various acts.And this is a continuation of that ...

Global Market Overview - Global bond yields are climbing due to political uncertainty in France and Japan [1][42] - The U S stock market shows signs of frothiness and speculative excess [6][74] - Political changes are causing turmoil in markets around the world [68] Political and Economic Instability - The French Prime Minister resigned, leading to a weaker Euro and rising bond yields [1][3][45] - Japan is set for a new pro-stimulus leader, pressuring bonds and the Yen [1][11][13] - The U S government faces a shutdown, with federal workers at risk of mass firings [1][18][26] U S Policy and Trade - The U S is considering an equity stake in critical minerals, with a 77% jump in critical metals [5] - Potential renegotiation of the U S-Japan trade deal could impact relations [17] - Stellantis is planning to invest approximately $10 billion in the U S, while lobbying against potential tariffs [25] Company Specific News - Boeing signals an output hike for its 737 MAX jets as early as October, potentially increasing production from 38 to 42 jets per month [1][23][55][56] - Aston Martin expects sales to fall by a mid to high single-digit percentage this year due to U S tariffs [23][24] - Morgan Stanley upgraded Micron to a buy, anticipating double-digit growth in the next few quarters [5][48]

Production Increase & Financial Implications - Boeing signals potential production increase of its single-aisle jet, a turning point after 20 months [1] - Production rate could rise from 38 to 42 aircraft per month, with potential further increases to around 53 aircraft per month by the end of 2026 [2] - Increased production aims to improve finances, pay down debt, generate more cash, and end 12 consecutive quarters of losses [3] Regulatory & Supply Chain - Boeing's production increase is contingent on approval from the US Federal Aviation Administration (FAA) and proving production quality and safety [3] - Global supply chain crunch has delayed new jet deliveries for both Boeing and Airbus, impacting airline growth plans [4] - Airbus is producing as many jets as Boeing, despite Boeing's historical lead [6] Competition & Recovery - Boeing aims to catch up with Airbus, whose jet rivals Boeing's [6] - The potential production hike is viewed as the start of a turnaround for Boeing [7] - Boeing needs to improve quality to match current output levels before increasing production [5]

Carole, in some ways, this was a much more muted response from OPEC Are we reaching the limits now of what it can do. Are we getting to a period of stability. I mean, it depends heavily on how you read it, because, yes, you can say it's a modest increase because some people were expecting a much higher unwinding of barrels of the voluntary cuts of the 1.65% million barrels a day, voluntary cuts, which were the second tranche of voluntary cuts introduced by eight members, especially after we saw how over the ...

WOULD EFFECTIVELY BE AN END TO HIS POLITICAL CAREER. LET'S TURN TO OUR CORRESPONDENT IN PARIS. DO WE HAVE ANY IDEA WHY THIS HAS HAPPENED.CAROLINE: IT IS PROBABLY BECAUSE OF THE SITUATION WITH THE REPUBLICANS. OBVIOUSLY THE REPUBLICAN PARTY PRETTY BADLY LAST NIGHT AFTER THE NOMINATION OF THIS CABINET. EVEN THOUGH HE KEPT HIS JOB AS INTERIOR MINISTER, THEY WERE DISAPPOINTED WITH THE COMEBACK OF BRUNO LE MER.THEY WERE GOING TO HAVE A CRISIS MEETING TO DECIDE WHETHER OR NOT THEY WERE GOING TO STAY IN THIS GOVER ...

Let's talk a little bit about what he's saying in Japan. Mark, your take on it. Is it an overreaction.Equities up very, very sharply decent moving the yen decent move in JGBs. I think it's the correct reaction. I think it's an appropriate reaction, not necessarily an overreaction, but this isn't the start of sustainable trends.So we've got a likely new prime minister who is much more in favour of kind of fiscal expansion and certainly to get that kind of coalition, that's what she's going to probably have t ...

Caroline, I've asked you this question many times before, many times possibly into the future as well. What are the chances of this Cabinet passing a budget. Tom, obviously stability for these French governments, broadly unchanged does not necessarily mean stability on the markets.We're seeing the impact on the French bonds already with the increasing risk of another yet another government collapse, possibly as soon as this week, just three weeks after Prime Minister Lecornu was named to replace Francois Ba ...

We had some very good meetings in the countries of the world. A lot of the countries surrounding Israel, frankly, Muslims, Arabs and many others have had great meetings with Hamas and it looks like it's working. Well, let's bring in Bloomberg Joumanna Bercetche in Dubai.So Hamas responding then to this 20 points Gaza plan. On Friday, what was in that response and how is it being received by Israel. Yeah, well, the response came quite late Friday evening.There had been anticipation of them actually respondin ...