Here's your summary from Bloomberg: Horizons Middle East & Africa 07/08/2024 (https://www.youtube.com/watch?v=1aIiMBhIUts) on the Bloomberg Television channel:

### TLDR:

French left-wing coalition wins in surprise election, Biden faces calls to step down, Iran elects reformist president.

### Key Points:

1. French left-wing coalition wins majority in legislative election, causing political instability.

2. Biden faces pressure to step down as Democratic nominee, but vows to stay in race.

3. Iran elects reformist candidate Masood as president, expected to improve relations with the West.

#finance #tradfi #markets #stocks #stockmarket #bloomberg #macro