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China’s retail sales growth unexpectedly weakened in November despite signs of improvement in the housing market. Retail sales rose 3% from a year ago, the slowest pace in three months and undershooting even the most bearish of forecasts. Industrial output increased 5.4%, keeping momentum as the manufacturing side of the economy continues to outperform consumer spending. In Europe, France’s new Prime Minister Francois Bayrou is meeting with far-right leader Marine Le Pen on Monday, kicking off an effort to form a government that can push a budget through a divided Parliament. The effort to form a government and craft a budget took on added urgency, after Moody’s Ratings over the weekend cut France’s credit rating, citing its weak finances and political gridlock. Today's guests: Ozan Tarman, Deutsche Bank Global Macro Vice Chair; Jean-Pierre Clamadieu, Engie Chairman; Nadia Calvino, European Investment Bank President -------- "The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops. Chapters: 00:00:00 - Market check 00:02:00 - The Pulse with Francine Lacqua 00:02:26 - France new PM Bayrou to meet Le Pen 00:04:39 - China retail sales growth weakened unexpectedly 00:07:07 - Ozan Tarman, Deutsche Bank Global Macro Vice Chair 00:12:58 - EXCLUSIVE: Jean-Pierre Clamadieu, Engie Chairman 00:21:09 - Headlines 00:22:03 - Nadia Calvino, European Investment Bank President 00:30:25 - Germany's Scholz faces no-confidence vote 00:34:58 - South Korean court begins review of Yoon impeachment 00:39:11 - European equities 2025 outlook -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: / bloombergtv Facebook: / bloombergtelevision Instagram: / bloombergtv Connect with Bloomberg Business on: X: / business Facebook: / bloombergbusiness Instagram: / bloombergbusiness TikTok: https://www.tiktok.com/@bloombergbusi... Reddit: / bloomberg LinkedIn: / bloomberg-news More from Bloomberg: Bloomberg Radio: / bloombergradio Bloomberg Surveillance: / bsurveillance Bloomberg Politics: / bpolitics Bloomberg Originals: / bbgoriginals Watch more on YouTube: Bloomberg Technology: / @bloombergtechnology Bloomberg Originals: / @business Bloomberg Quicktake: / @bloombergquicktake Bloomberg Espanol: / @bloomberg_espanol Bloomberg Podcasts: / @bloombergpodcasts