Global Markets React to Euronext Halt, French Budget Tensions, and Brazilian Fraud Allegations
Stock Market News·2026-01-19 15:08

Group 1 - Euronext's equity derivatives trading was halted due to a technical issue, affecting operations across the pan-European exchange [3][8] - The halt follows Oxurion NV's decision to suspend its digital asset investment program due to market volatility, although these events are unrelated [3] Group 2 - In France, Prime Minister Sébastien Lecornu is preparing to invoke Article 49.3 to pass the 2026 budget without parliamentary approval, indicating significant political tension [4][8] - This move represents a reversal of Lecornu's earlier commitment to avoid using this controversial power, highlighting ongoing struggles to secure a majority for fiscal legislation [4] Group 3 - Brazilian Finance Minister Fernando Haddad warned that the Banco Master case could be the largest banking fraud in Brazil's history, with issues predating the current Central Bank chief's tenure [5][8] - Haddad has been in daily contact with the Central Bank President regarding the situation, indicating the seriousness of the matter [5] Group 4 - IMF Managing Director Kristalina Georgieva emphasized the need for international cooperation and consensus to address global economic challenges [6][8]