News · 2news.com

European stocks slip led by France , and oil falls on Trump Russian sanctions waiver

Stock markets were mixed on Monday, with tech volatility persisting in Asia and France leading losses in Europe after mass protests over the cost of living. France's CAC 40 fell 1.3% to 7,854.31 after violent weekend protests, while Britain's FTSE 100 dropped 0.8% and Germany's DAX fell 1%. In Asia, South Korea's Kospi rose 1.8% to 5,768.01 but remains more than 17% below its June peak, while Japan's Nikkei 225 lost 0.6%. Oil fell about 2% after U.S. President Donald Trump moved to put broad sanctions on Russia, including on its energy sector, on hold, a step likely to lead to more Russian energy exports; Brent dropped 2.1% to $107.55 a barrel. The 10-year U.S. Treasury yield eased to around 5.08% from 5.13% on Friday, after hitting 5.35% earlier this month, its highest since 2002.

Summary written by Upside AI from the original article. Read the source for full details.

Read the original on 2news.com ↗

Keywords

Europeoil pricessanctionsRussiabonds

Open a keyword to see other news on the same topic.

Related tickers and likely impact

EUR/USD

• Neutral

Relevance: low

MarketCurrencies
Close on 10/16/20261.12393
Change that session+0.16%
EUR/USD price, forecasts and signals →

XAU/USD

• Neutral

Relevance: low

MarketGold
Close on 10/16/20264,165.63
Change that session-0.13%
XAU/USD price, forecasts and signals →

Impact is scored by AI from the headline and may be wrong. It is not investment advice.

Related news

  • Beyond Bulgaria, another country breaking with the EU backs US-Russia oil deal as 'significant' despite Ukraine's disapproval

    Hungarian Prime Minister Peter Magyar expects U.S. President Donald Trump to keep extending Budapest's exemption from U.S. sanctions on Russian energy, after Trump eased curbs on Russian diesel exports to lower fuel prices before the Nov. 3 midterm elections. The deal drew criticism in the EU, with Italian PM Giorgia Meloni calling it a ‘very risky’ gamble, while Bulgarian PM Rumen Radev backed it. Moscow pledged 300,000 tons of diesel immediately and another 500,000 tons next month. Hungary, which relies on Russia for about 90% of its crude oil according to S&P Global data for 2025, is exempt until November, and Magyar argued that not extending the exemption for at least another year would be unreasonable. Ukraine opposed the deal, with President Zelensky calling it ‘weak’.

    CafeF·oil pricessanctionsRussia
  • EU Races to Pass Russia Sanctions Package Before French Presidential Election

    According to The Telegraph, the EU is rushing to adopt a 22nd Russia sanctions package before Marine Le Pen, who leads polls, could become French president in April, with one source calling February a possible 'last chance'. The bloc has already imposed 21 sanctions rounds since 2022, and the recent addition of nearly 1,600 Russian individuals and entities to its blacklist is seen by some observers as equivalent to a 22nd package. Negotiations have stalled over France's push to delist billionaire Alisher Usmanov, and objections from Greece, Bulgaria, Germany, Portugal, France and Italy have significantly weakened the European Commission's original proposal. Commission President Ursula von der Leyen has taken a firm stance that contrasts with U.S. President Donald Trump, who has eased restrictions on Russian diesel.

    CafeF·sanctionsRussiaEurope
  • Asian shares are mixed with tech stocks volatile , and oil falls on Trump Russian sanctions waiverdailyadvance.com·Asiaoil pricesDonald Trump
  • Asian shares are mixed with tech stocks volatile , and oil falls on Trump Russian sanctions waiverthegazette.com·Asiaoil pricesDonald Trump
  • Asian shares are mixed with tech stocks volatile , and oil falls on Trump Russian sanctions waiver

    Asian shares were mixed on Monday as volatility in technology stocks persisted, while U.S. futures edged higher ahead of a week of corporate earnings. Oil fell more than 1% after President Donald Trump waived sweeping sanctions on Russia, including on its energy sector, a move likely to boost Russian energy exports. South Korea’s Kospi rose 1.1% to 5,729.58, but it is still down more than 18% over the past month and well below the 9,000 level it crossed in June. Japan’s Nikkei 225 lost 0.8%, while China’s Shanghai Composite gained 0.2% to 3,722.20 after the economy grew 4.5% in the July-September quarter, and Indonesia’s index fell another 5% to its lowest since 2020 after an MSCI warning about a possible downgrade from “emerging market” status. Brent crude fell 1.8% to $107.86 a barrel and U.S. crude dropped 1.6% to $97.43, though prices remain elevated compared with before the Iran war, with supply risks in the Strait of Hormuz still high.

    reflector.com·Asiaoil pricesDonald Trump
  • Ukraine launches 1,015 drones at Russia; Trump tells Zelensky 'don't wreck the talks' – Putin takes a hard line

    Overnight on October 17, Ukraine launched one of the largest drone attacks on Russia this year, targeting an oil facility despite a request from US President Donald Trump to stop hitting Russian energy infrastructure. Russia's Defense Ministry said it shot down 1,015 Ukrainian drones overnight into October 18, and that the St. Petersburg oil port, an Ozon logistics center and a VKontakte data center were among the targets. Trump criticized Zelensky for not wanting to end the war, while Zelensky said US siding with Russia would be a 'historic mistake' and noted that US intelligence sharing had been paused for three days. Trump also lifted sanctions on Russian diesel imports, and Zelensky said Russia had attacked Ukrainian energy sites 76 times since the energy ceasefire was announced.

    CafeF·▲ PAXG/USDT▲ XAUT/USDT▲ XAU/USDUkraineRussiaDonald Trump

Related markets

Currencies →Gold →

Latest news

  • JPMorgan Chase Invests $5 Billion In US National Security Tech

    JPMorgan Chase said it has invested $5 billion in equity in industries critical to US economic and national security, including next-generation defense technology, distributed battery storage and automated manufacturing. The bank said it has financed about $230 billion under its Security and Resiliency Initiative, launched a year ago, as part of a commitment to finance $1.5 trillion of US investment over the next decade. On its Q3 earnings call, CEO Jamie Dimon said organic growth is now the best use of capital, which is why buybacks were lower this quarter, and the bank has about $30 billion of excess capital. Q3 revenue rose 8% to $50.9 billion, while expenses were up 12%.

    Yahoo Finance·• JPM
  • USA Rare Earth: Millionaire Maker or Market Hype? The Honest Truth.

    The article examines USA Rare Earth (USAR), a US mining company that owns the Round Top deposit in Texas and aims to become a vertically integrated rare-earth producer, from mining to permanent magnets. Round Top is not yet operating and commercial production is targeted for late 2028, while the company has a magnet factory in Stillwater, Oklahoma and has acquired Serra Verde and Less Common Metals. The company is still burning cash and barely generating revenue, although the White House has given it access to up to $1.6 billion in funding and it says it is in talks with over 100 potential customers. The author argues the stock is not empty hype, but calling it a millionaire maker seems premature because the company has not yet turned a profit or manufactured magnets at scale.

    Yahoo Finance·
  • Broadcom Vs. Marvell: Custom Silicon is Going to Get White Hot

    Broadcom (AVGO) and Marvell (MRVL) both reported strong AI results this summer as hyperscalers increasingly want chips designed around their own models. Broadcom's AI semiconductor revenue reached $16.70 billion, up 221% year over year, with XPUs making up 73% of AI revenue, and it expects AI revenue of about $115 billion in fiscal 2027 and $230 billion in fiscal 2028. Marvell's data center revenue rose 46% to $2.17 billion, driven by connectivity such as optical DSPs and switching, and management expects its custom business to more than double in fiscal 2028. The article flags Broadcom's customer concentration and supply bottlenecks as key risks, while Broadcom is down 4.49% year to date and Marvell is up 168.54%.

    Yahoo Finance·• NVDA
  • Coreweave's Shock Absorber Function Will Be Tested Again……and Again

    CoreWeave (CRWV) carries a backlog of about $104 billion and second-quarter revenue rose 112.3% to $2.58 billion, but its shares fell 11.91% in the latest session as AI debt fears weighed on the stock. The company raised prices about 25% and guided full-year revenue to $12.4–13.2 billion, yet interest expense rose to $640 million from $267 million and free cash flow was -$5.74 billion. Its 2026 capex is guided to $35–39 billion, and customer concentration in Meta, OpenAI and Microsoft adds pressure. At $61.39, the stock trades near its 52-week low and is down 56.69% over one year, and the article says the key signal to watch is when operating income catches up with interest expense.

    Yahoo Finance·• SPY
  • Russian Deputy PM Surprised by Europe's Plan

    Russian Deputy Prime Minister Alexander Novak said Europe has no way to offset a gas shortfall, citing the closure of the Strait of Hormuz and a Qatari plant halted after March attacks. He argued that European politicians would harm themselves by banning supplies, including from Russia, as higher fuel prices would fall on European consumers. Gas storage levels are said to be more than 10% below the average of previous years. According to ACER, Russia still supplied 12% of the EU's LNG as of May 2026. A report from Urgewald, cited by The Times, found that 12.18 million tonnes of Russian LNG worth 7.88 billion euros reached EU ports from January to September, up 9.5% year on year, while the European Commission maintains that the deadlines will be met.

    CafeF·
  • Mercedes-Benz expands automated driving alliance with Nvidia

    Mercedes-Benz has broadened its partnership with Nvidia to develop next-generation driver-assistance and automated-driving systems. The project combines Mercedes' engineering and safety expertise and its MB.OS operating system with Nvidia's accelerated computing and AI, including the Hyperion in-vehicle computing platform, the Alpamayo Stack driving software and Halos as a parallel safety stack. The technologies target advanced driver assistance and SAE Level 4 automated driving, including driverless robolimousines. The deal also covers vehicle-engineering simulation and Mercedes' MO360 digital production ecosystem, with AI tools to improve efficiency and quality across its global manufacturing network. The expansion builds on earlier collaboration, and last week Nvidia also expanded its partnership with Volvo Cars.

    Yahoo Finance·▲ NVDA

All news →

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.