European markets were mixed on Friday, as investors in the region digested the latest political developments in France. The pan-European Stoxx 600 erased earlier losses, adding 0.1% during early trade. France’s CAC 40 index was almost 1% higher by 9:05 a.m. London time, despite ongoing political turmoil in the country. Investors are still digesting a vote that toppled French Prime Minister Michel Barnier’s minority government on Wednesday evening — a motion backed by both left and right-leaning lawmakers after Barnier forced his contested budget through parliament without a vote. The country’s President Emmanuel Macron then gave a defiant speech criticizing politicians for not thinking about “the voters.” He insisted he would see out the remainder of his presidency, which will see him stay in office until 2027. Barnier resigned from his post Thursday morning, but will continue in a caretaker role while Macron selects a replacement. The euro slipped against the dollar early Friday following a rise in the previous session. At 9:10 a.m. London time it was trading around $1.0575. In Asia, markets were mixed, with traders monitoring political instability in South Korea following President Yoon Suk Yeol’s brief imposition of martial law. Across the Atlantic, investors are looking ahead to the publication of U.S. nonfarm payroll figures, which are expected to have increased in November. 1 Hour Ago French and German stocks rise CAC 40 + Chart Line chart with 554 data points. The chart has 1 X axis displaying Time. Range: 2024-11-29 05:01:28 to 2024-12-06 05:01:28. The chart has 1 Y axis displaying values. Range: 7100 to 7450. By 9 a.m. London time, French and German stocks were on the rise, leaving their London-listed counterparts behind. The French CAC 40 had added almost 1%, despite ongoing political uncertainty in the country, while Germany’s DAX index was up 0.18%. Kering and Stellantis led the gains in France, up 4.2% and 3.6% respectively, while the DAX was lifted by Bayer, which added 2.7%, and Volkswagen , which rose by 1.6%. London’s FTSE 100 , meanwhile, was 0.18% lower during early morning deals. — Chloe Taylor