🚨 ECB President Christine Lagarde stepping down Feb 7, 2027 — 9 months EARLY before her term officially ends Oct 31.

Timing? Right before France's April 2027 presidential election.

Word is she wants Macron + German Chancellor Merz to pick her successor NOW — before potential far-right victory in France changes the game.

Macro risk event loading. Watch $EUR volatility and European bond spreads as succession drama unfolds. Political hedging at the highest level.