As we previewed and expected, French PM Francois Bayrou, the fourth prime minister in just 20 months, became the latest to depart having failed to get sufficient support to push a budget through parliament as 194 voted for him, 364 against.

Bayrou is reportedly going to submit his resignation to Macron early Tuesday, according to a government course.

https://www.zerohedge.com/markets/french-investors-should-brace-further-tempests