Caroline Hepker

The French budget adoption brings some calm to French politics as opposition parties shift their focus to local elections in March and then the presidential vote next year.

Now, those are some of our top stories for you this morning.

In terms of the markets, European stock futures are high on the US stocks 50.

That perhaps points to another all-time high for the stock 600.

MSCI Asia-Pacific Index rising by 3%.

We've also had some deals news.

Orsted to sell its European onshore business to CIP for 1.44 billion euros.

That's the Copenhagen Infrastructure Partners.

So an interesting deal that we are watching.

India's Sensex has jumped relief from the US-India deal.

trade agreement that we were just talking about.

South Korean stocks also hitting a new record high this morning.

And gold rebounding 4.8% this morning, $4,882 a troy out.

So I think those are the most interesting market moves this hour, Jack.

I'm Caroline Hepke.

And this is Bloomberg.

And I'm Caroline Hepker.

President Trump and Prime Minister Narendra Modi have agreed a surprise deal to slash US tariffs on India.

American levies on Indian goods are being cut from 25% down to 18%, while an additional 25% punitive duty tied to purchases of Russian oil is being scrapped.

Writing on social media, President Trump said India had agreed to buy $500 billion of US goods and halt crude purchases from Russia as part of the deal.