China’s retail sales growth unexpectedly weakened in November despite signs of improvement in the housing market. Retail sales rose 3% from a year ago, the slowest pace in three months and undershooting even the most bearish of forecasts. Industrial output increased 5.4%, keeping momentum as the manufacturing side of the economy continues to outperform consumer spending. In Europe, France’s new Prime Minister Francois Bayrou is meeting with far-right leader Marine Le Pen on Monday, kicking off an effort to form a government that can push a budget through a divided Parliament. The effort to form a government and craft a budget took on added urgency, after Moody’s Ratings over the weekend cut France’s credit rating, citing its weak finances and political gridlock.

Today’s guests: Ozan Tarman, Deutsche Bank Global Macro Vice Chair; Jean-Pierre Clamadieu, Engie Chairman; Nadia Calvino, European Investment Bank President
——–
“The Pulse With Francine Lacqua” is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops.

Chapters:
00:00:00 – Market check
00:02:00 – The Pulse with Francine Lacqua
00:02:26 – France new PM Bayrou to meet Le Pen
00:04:39 – China retail sales growth weakened unexpectedly
00:07:07 – Ozan Tarman, Deutsche Bank Global Macro Vice Chair
00:12:58 – EXCLUSIVE: Jean-Pierre Clamadieu, Engie Chairman
00:21:09 – Headlines
00:22:03 – Nadia Calvino, European Investment Bank President
00:30:25 – Germany’s Scholz faces no-confidence vote
00:34:58 – South Korean court begins review of Yoon impeachment
00:39:11 – European equities 2025 outlook
——–
More on Bloomberg Television and Markets

Like this video? Subscribe and turn on notifications so you don’t miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9
Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more.

Connect with Bloomberg Television on:
X: https://twitter.com/BloombergTV
Facebook: https://www.facebook.com/BloombergTelevision
Instagram: https://www.instagram.com/bloombergtv/

Connect with Bloomberg Business on:
X: https://twitter.com/business
Facebook: https://www.facebook.com/bloombergbusiness
Instagram: https://www.instagram.com/bloombergbusiness/
TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en
Reddit: https://www.reddit.com/r/bloomberg/
LinkedIn: https://www.linkedin.com/company/bloomberg-news/

More from Bloomberg:
Bloomberg Radio: https://twitter.com/BloombergRadio

Bloomberg Surveillance: https://twitter.com/bsurveillance
Bloomberg Politics: https://twitter.com/bpolitics
Bloomberg Originals: https://twitter.com/bbgoriginals

Watch more on YouTube:
Bloomberg Technology: https://www.youtube.com/@BloombergTechnology
Bloomberg Originals: https://www.youtube.com/@business
Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake
Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol
Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts

source