French stocks plunge 2% as prime minister puts government at risk of collapse

European Stock Markets Opened Sharply Lower on Tuesday, Pulled Down by French Equites as Traders Monitored the Potential for a No Confidence Vote in the Government Next Month.

France’s CAC 40 Index Plummeted more than 2% in early deals after Sept. 8 over his budget plans.

European Stock Futures We Alredy Pointing Lower as Global Investors Monitored Us President Donald Trump’s Latest Attempted International In the Running of the Federal Reserve.

Trump’s Announcement on Social Media that He Had Fired Federal Reserve Board Governor Lisa Cook Drove Asia-Pacific Markets and US Futures Lower. Cook said in a mind statement that trump did not have the authority to remove her and that she “will not result,” Lending a legal dispute a potential a potential next step.

It follows months of pressure by trump on the Central Bank to Lower Interest Rates, Including Repeated Criticism of and Threats to Fire Fed Chair Jerome Powell.

Markets Rallied Late Last Week After Powell Gave

In Europe, Shares of German Sportswear Giant Puma Opened 2% lower following a 16% jump on Monday. The Gains Came after bloomberg reported that its mayority sharehlder, the billionaire pinault family, was working with advisors with a view to a potential saale of the firm. Puma declined to comment when contacted by CNBC.

It’s a relatively quiet week on the data and earnings front, with a french consumer confidence reading out tuesday before inflation figures from france, germany, italy and face in the face Friday. Stateside, Tech Industry Bellweather Nvidia Reports Wednsday.