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French stocks rise amid political turmoil as no-confidence motions loom

Switzerland's inflation rate rose 0.7% year-on-year in November, slightly below expectations, with a 0.1% monthly drop in consumer prices. This cooling inflation may pressure the Swiss National Bank to cut interest rates further, as the country faces subdued inflation prospects.In France, Prime Minister Michel Barnier's minority government faces no-confidence motions amid political turmoil, potentially jeopardizing the country's financial stability and public deficit management. The CAC 40 index rose 0.8% despite the looming vote, reflecting market resilience amid uncertainty.

euro zone inflation rises to 2 percent complicating interest rate cut plans

Euro zone inflation unexpectedly rose to 2% in October, driven by increased prices in food, alcohol, and tobacco, complicating prospects for a significant interest rate cut by the European Central Bank (ECB) in December. Core inflation remained steady at 2.7%, while services inflation held at 3.9%. Stronger growth and low unemployment have diminished expectations for a jumbo rate reduction, with markets now anticipating a smaller 25-basis-point cut instead.
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