Caroline Hepker

With more, here's Bloomberg's Chris Pitt.

France's Parliament has adopted a budget for 2026 after the Prime Minister survived two no-confidence votes.

The new legislation has smaller spending cuts and tax increases than earlier proposals, meaning that the deficit for the year will be larger than initially planned.

But the concessions mean that Prime Minister Sébastien Le Corneau has avoided the fate of his predecessors, who were both forced to resign because of disagreements over austerity measures.

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.