Deutsche Bank analysts say ECB President Lagarde will likely minimize comments on France. They expect a very high bar to activate the Transmission Protection Instrument (TPI) to calm eurozone sovereign spread volatility, but stress that using TPI to stabilize France would not contradict ECB rate hikes aimed at countering inflation.

Putin said the Russia-Africa summit is part of global change and that a multipolar world is becoming an irreversible reality.

Kangsite told analysts its product mix is mainly standard items with short order cycles and timely delivery, so the on-hand order book is small and managed as rolling deliveries. Domestic deliveries typically concentrate in November–December; international shipments usually slow in December for Christmas. The external geopolitical environment has been broadly predictable this year. Projects on hand, under negotiation and in tenders are consistent with the company’s start-of-year expectations.