French stocks up 0.6% despite political upheaval; European markets trade higher

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European markets traded higher Tuesday, with investors keeping an eye on political upheaval in France this week.

Opposition parties on both the left and right say they will back a no-confidence vote to bring Barnier's minority government down. The vote could take place Wednesday. France'sSwiss Market Index

The November reading — which covered the four weeks ending on Nov. 23 — did not include numbers from this year's Black Friday sales, which will be factored into the BRC's December figures. In comments cited by Reuters on Tuesday, Russian Central Bank Deputy Governor Alexey Zabotkin labeled the ruble's November decline a"pro-inflationary factor." The central bank is due to assess its monetary policy later this month.Opposition parties on both the left and right decided to submit a motion of no confidence on Monday evening, with the aim to bring Barnier's minority government down.

Commenting on Switzerland's November inflation reading, Kyle Chapman, FX Markets Analyst at Ballinger Group, noted in emailed comments that the Swiss print was now lower than it was in June.

 

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