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Fitch warned France’s draft budget, which contains €43bn of fiscal adjustments to cut the deficit and ease market concern over public finances, could heighten sovereign bond-market volatility if it fails to win approval. Federico Bariga-Salazar, Fitc

2026-10-09

Fitch warned France’s draft budget, which contains €43bn of fiscal adjustments to cut the deficit and ease market concern over public finances, could heighten sovereign bond-market volatility if it fails to win approval. Federico Bariga-Salazar, Fitch’s head of Western Europe sovereign ratings, called Finance Minister Roland Lescure’s plan to reduce the deficit to 5% of GDP by 2027 "substantive" and said its large scale means failure to implement it could produce a pronounced shock.

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2026-10-09

At midday close in China, domestic main futures contracts were mostly higher: methanol up over 7%, coking coal up over 4%, LPG up nearly 4%, polypropylene and plastics up over 3%, and coke, rubber and 20-grade natural rubber up about 3%. Decliners in

At midday close in China, domestic main futures contracts were mostly higher: methanol up over 7%, coking coal up over 4%, LPG up nearly 4%, polypropylene and plastics up over 3%, and coke, rubber and 20-grade natural rubber up about 3%. Decliners included container-shipping Europe-route futures, down over 5%; Shanghai tin and ethylene glycol (EG) down over 4%; lithium carbonate down over 3%; bitumen down nearly 3%; coated paper and urea down over 2%.
2026-10-09

Kremlin: Moscow will welcome U.S. Middle East envoy Witkov and Trump senior advisor Kushner if they decide to share the results of their negotiations with U.S. representatives in Ukraine.

Kremlin: Moscow will welcome U.S. Middle East envoy Witkov and Trump senior advisor Kushner if they decide to share the results of their negotiations with U.S. representatives in Ukraine.
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