European stocks were seen opening lower on Monday as mass protests in France escalated into riots, adding to an already elevated fiscal risk premium. The euro fell against most G10 peers due to the protests in France and rising tensions in Ukraine. French President Emmanuel Macron called for 'calm and order' after a major day of protests on Saturday turned into rioting and looting.
Summary written by Upside AI from the original article. Read the source for full details.
Read the original on rttnews.com ↗
Keywords
FranceprotestsEuropeEmmanuel Macron
Open a keyword to see other news on the same topic.
Related tickers and likely impact
SPY
▼ Likely negativeSPDR S&P 500 ETF
Relevance: low
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/16/2026 | 763.31 |
| Change that session | -1.10% |
EUR/USD
▼ Likely negativeRelevance: low
| Market | Currencies |
|---|---|
| Close on 10/16/2026 | 1.12393 |
| Change that session | +0.16% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- World Insights : Cost - of - living anger fuels protests across Europe amid deepening social - economic strains
Tens of thousands of people rallied across major European cities over the weekend against rising living costs, housing shortages and strained public services. In France, nationwide protests on Saturday drew about 550,000 people and turned violent, with 997 police and gendarmes injured and 2,397 people arrested. In Milan, protesters threw firecrackers and bottles at police, leaving at least four officers and 20 protesters hurt, while clashes also broke out in Brussels and tens of thousands in Portugal demanded affordable housing in Lisbon and Porto. Leaders including French President Emmanuel Macron and Italian Prime Minister Giorgia Meloni condemned the violence. Eszter Sandor, a senior research manager at Eurofound, warned that the benefits of macroeconomic stability are not reaching the bottom half of the income distribution, deepening public distrust.
- Protests spread across Europe : Cost - of - living pressures behind the demonstrations
Thousands of people across Europe protested over the weekend against rising living costs, unaffordable housing, low wages and strained public services. In France, hundreds of thousands joined demonstrations, but some turned into looting and rioting that damaged about 1,500 shops, with the Retail and Trade Federation estimating costs of “several hundreds of millions of euros” and President Emmanuel Macron vowing to hold those responsible to account. Police clashed with demonstrators in Belgium, while Italy saw clashes in Milan, Turin and Bologna, and Portugal’s unions called for higher wages, better pensions and affordable housing. Eurostat data analysed by Euronews Business shows EU food prices rose 34% between August 2021 and August 2026, and the food a minimum wage could buy fell 6% in Malta, 5% in Spain and 4% in France. The comparison excludes taxes, rent and other household costs.
- World Insights : Cost - of - living anger fuels protests across Europe amid deepening social - economic strains - Xinhua
Tens of thousands of people took to the streets across several European cities over the weekend to protest rising living costs, housing shortages and strained public services. In France, some 550,000 people joined nationwide demonstrations on Saturday, which quickly turned violent, leaving 997 police officers and gendarmes injured, seven seriously, and 2,397 people arrested nationwide. In Milan, Italy, protesters threw firecrackers and bottles at police, injuring at least four officers and 20 demonstrators, with about 50 detained. Clashes also broke out in Brussels, and tens of thousands marched in Portuguese cities demanding affordable housing. Analysts warn that failing to address these hardships risks further eroding public trust and deepening social divisions.
- World Insights : Cost - of - living anger fuels protests across Europe amid deepening social - economic strains - Xinhua
Tens of thousands of people across major European cities protested over the weekend against rising living costs, housing shortages and strained public services. In France, about 550,000 people joined nationwide demonstrations on Saturday that turned violent, with 997 police officers and gendarmes injured, seven of them seriously, and 2,397 people arrested. Clashes also broke out in Milan and Brussels, with about 50 demonstrators detained in Milan, while tens of thousands rallied in Portugal demanding affordable housing. European leaders condemned the violence, and a Eurofound senior research manager said the benefits of macroeconomic stability are failing to reach the bottom half of the income distribution.
- Four EU countries rocked by unrest
Hundreds of thousands of people protested across Belgium, France, Italy and Portugal on October 17-18 over rising living costs. In France, the Interior Ministry counted over 550,000 participants, and the marches turned violent, with looting in several cities, a fire that nearly destroyed the 140-year-old Limoges city hall, and 1,200 arrests and 150 injured police, according to Prime Minister Sebastien Lecornu. Police used tear gas and water cannon in Brussels and Liège, while tens of thousands marched in Lisbon over housing costs and low wages. In Milan, clashes left at least 2 officers injured and about 50 people arrested, many of them minors, and Prime Minister Giorgia Meloni condemned the violence. Alberto Alemanno of HEC Paris said discontent is spreading, with early signs of protests in Greece, Germany and Austria expected next week, as Europe prepares for a major run of national elections in the next 12 months.
- In pictures: More than 500,000 took to the streets as France protests erupted into violence
Protests in France over rising living costs and declining public services turned violent at the weekend, with more than 500,000 people on the streets. While hundreds of thousands marched peacefully, others set fire to the city hall in Limoges and Lyon's city tourist office, looted supermarkets, and attacked police, vehicles and luxury boutiques, in what was described as the country's worst unrest in years. Police used tear gas, and one protester died of a heart attack while another lost a hand. President Emmanuel Macron blamed the violence on insurrectionist elements from radical far-left groups, joined by criminals, and said those who looted will have to pay for the damage. The demonstrations began last month when Paris high school students complained of poor school conditions, and then spread into a nationwide protest.
Related markets
Latest news
- A bank stock unexpectedly drew nearly 300 billion VND in net buying from securities firms' proprietary desks early this week
On 19/10, the VN-Index fell 16.07 points (-0.94%) to 1,689.84, with selling pressure intensifying in the afternoon session. Securities firms' proprietary trading net bought 275 billion VND on HoSE, led by CTG at 230 billion VND, followed by KBC (134 billion), VPB (133 billion) and MSN (45 billion). On the other side, proprietary desks net sold the most of ACB at 221 billion VND and FRT at 144 billion VND.
- BingX, YouHodler added to ESMA MiCA register in latest update
ESMA's latest MiCA register update added nine crypto-asset service providers (CASPs), bringing the total to 375 unique providers, including BingX's Austrian entity MEGE zweite and the Italian subsidiary of YouHodler. Other additions were Spain's Prakma Markets, Openbank Deutschland (a unit of Banco Santander) and two German cooperative lenders, while Denmark's Penning Financial Services is no longer listed. The EMT register stayed at 50 entries for 25 unique entities, the ART register remained empty, and the non-compliant NCASP register rose by five entries to 178. BingX's EU CEO Daniel Lai said the authorization lets the company operate under a clear regulatory framework as it prepares to launch regulated services across the European Economic Area.
- JPMorgan's JPM Coin, representing dollar deposits, is coming to Ethereum: Bloomberg
JPMorgan will make JPM Coin, a token representing its dollar deposits, available to institutional clients on Ethereum, according to Bloomberg. The bank says Ethereum's liquidity makes it attractive to crypto companies seeking blockchain payments and to financial firms settling trades or backing tokenized assets. The move extends JPMorgan's blockchain work beyond Base and its private Kinexys network, which processes more than $7 billion daily. The bank did not say when the token will go live on Ethereum. Meanwhile, JPMorgan is among US banks planning a shared tokenized deposit network, but it was not on Swift's list of 17 banks preparing live transactions on its blockchain ledger in July.
- Cerrado Gold Reports 21% Year-Over-Year Increase in Q3 2026 Production Results at Minera Don Nicolas
Cerrado Gold reported Q3 2026 production of 16,685 GEO at the Minera Don Nicolas (MDN) mine in Santa Cruz Province, Argentina, up 21% from 13,832 GEO in Q3 2025. Year-to-date output reached 44,942 GEO, up 23% from 36,432 GEO in the comparable 2025 period. Heap leach output held steady at 9,649 GEO, while CIL output rose to 7,036 GEO as higher-grade Calandrias material, generally above 2.5 g/t gold, was routed to the Martinetas mill. Laboratory tests on selected material showed gold recoveries of up to 95%, versus about 60% expected from heap leaching, and the company now expects full-year 2026 production at the upper end of its 50,000 to 60,000 GEO guidance while targeting a new PEA by late Q1 2027.
- Prediction: Microsoft Stock Is Going to Soar After Oct. 28
The article argues that recent market volatility stems from doubts about the sustainability of AI infrastructure spending, making Microsoft's upcoming earnings report critical. Microsoft reports fiscal 2027 first-quarter results on Oct. 28, focusing on Azure and Copilot; Copilot 365 licenses reached 30 million as of June 30, up 50% from three months earlier, yet remain small against more than 400 million 365 licenses. Azure carries $678 billion in remaining performance obligations (RPO), and its revenue growth accelerated to 43% in the final quarter of fiscal 2026. The author cites a forward P/E of 27.3 as evidence of attractive valuation, but warns that OpenAI has committed over $300 billion to Azure without currently having that money. The author suggests investors may manage risk by keeping a small position size.
- Is Visa Stock Still a Buy After Gaining 14% This Year?
Visa shares hit an all-time high of $401, up about 12% over the past two weeks from $359 at the end of September and up 14% year to date. Key catalysts include approval from the People's Bank of China to set up a bankcard clearing institution in China and the move of Visa Direct's stablecoin to commercial deployment on Oct. 15. Baird and BMO Capital both raised their price targets. Visa reports fiscal fourth-quarter earnings on Oct. 27 and has raised its dividend every year since 2009, last year by 14% to $0.67 per share. The author still considers the stock a buy ahead of earnings, citing a forward P/E of 24.
Get the briefing on Telegram or Zalo
Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.