MARKET INSIGHT · EARNINGS INTELLIGENCEPolaris Earnings CalendarTrack market technicals, follow the S&P 500 outlook, stay ahead of company earnings, and explore crypto technicals—all in one place.

POLARIS EARNINGS CALENDAR

China’s export surge masks weak demand as French unrest rattles markets

China’s export surge masks weak demand as French unrest rattles markets

September exports alone jumped 29. 6% from a year earlier, helping keep China on course toward its 2026 growth target of 4. 5% to 5%.

The figures also showed an uneven recovery.

In France, violent cost-of-living protests and uncertainty over next year’s budget pushed investors out of French assets.

The unrest followed nationwide demonstrations on Saturday and further riots in Paris on Sunday evening. A scheduled review of the country’s credit rating later in the week added to pressure on the bond market.

Insured losses from the latest riots were estimated at between €1 billion and €1. 2 billion if violence did not continue. France has approved a state-backed riot-insurance framework that would require coverage and allow insurers to transfer qualifying losses to a mechanism managed by public reinsurer Caisse Centrale de Réassurance, but that system is not yet operating.

The Prudential Regulation Authority began reviewing the issue after an insider complaint about total-return swaps allegedly being recorded in a portfolio that made them appear less risky.

Mortgage costs also continued to squeeze new buyers in Britain. Hamptons found that 56% of first-time buyers paid more each month on their mortgage than they had previously paid in rent, with the average increase reaching £39.

Read the full account of the story

More from the Metals desk

More from Metals · Back to Polaris Earnings Calendar