French 10-year government bond yields rose 0.14 percentage points to 4.93% after a turbulent weekend, while the spread over German bonds returned to 1.47 percentage points. Nationwide protests over rising living costs and student education conditions turned into widespread rioting and looting; the government said at least 3,000 shops and businesses were looted, and the French retail federation estimated damages could reach “several hundred million euros.” More than 2,500 people are under formal investigation, 67 of them detained, and several cities have imposed curfews. President Macron rejected Interior Minister Laurent Nuñez’s resignation offer, even though Nuñez admitted police were deployed too thinly for protests of over 550,000 people, against an expected 200,000. Opposition politicians and the mayors of Paris and Marseille criticized the government for letting police lose control of the situation.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: Buồn của nền kinh tế "anh hai" châu Âu: Trái phiếu tiếp tục bị bán tháo ồ ạt sau "cuối tuần đầy bất ổn"
Keywords
bondsFranceprotestsEmmanuel MacronEurope
Open a keyword to see other news on the same topic.
Related tickers and likely impact
EUR/USD
▼ Likely negativeRelevance: medium
| Market | Currencies |
|---|---|
| Close on 10/19/2026 | 1.12125 |
| Change that session | -0.24% |
DXY
▲ Likely positiveRelevance: low
| Market | Currencies |
|---|---|
| Close on 10/19/2026 | 101.98 |
| Change that session | +0.20% |
XAU/USD
▲ Likely positiveRelevance: low
| Market | Gold |
|---|---|
| Close on 10/19/2026 | 4,140.75 |
| Change that session | -0.60% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- European Shares Seen Lower As Violence Erupts At France Protests
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.
- France curfews calm unrest as Macron faces criticism over Gulf trip
Prime Minister Sébastien Lecornu said curfews helped produce a “calm” night across France, though public discontent remains high after the weekend's mass protests, looting and violence. Meanwhile, President Emmanuel Macron faces criticism for a three-day tour of the Middle East, which he said aims to address high fuel prices and secure French energy supplies. The unrest comes amid political instability, a divided parliament with no majority, and government borrowing costs at their highest level in decades. The government is targeting a cut in the deficit to 5% of GDP from 5.4% in its 2027 budget, while French bonds, stocks and the euro sold off after the weekend scenes.
- French Bonds , Stocks Drop As Far - Left , Migrant Riots Worsen ; Macron Fails To Restore Order
- As France reels from violence , Macron points to security failings
President Emmanuel Macron rejected Interior Minister Laurent Nunez’s offer to resign after weekend riots, instructing him instead to end barricades and looting and be transparent about failures in foresight and intelligence. Hundreds of thousands protested over cost-of-living pressures and declining public services, but in cities including Paris, Marseille and Lyon, peaceful marches were hijacked by rioters despite 60,000 police and security forces being deployed on Saturday. Justice Minister Gerald Darmanin also pointed to intelligence failures and said “extreme-left” rioters had been underestimated. The unrest comes six months before the presidential election and as the government needs to pass a budget bill. France’s 10-year yield rose 8 basis points to 4.86%, while Germany’s was flat at 3.41%, and the CAC 40 fell 1.3% in early trade.
- European stocks dip as French riots spark concern
European stocks fell after a weekend of violent protests in France, even as US technology stocks rebounded. The FTSE 100 closed down 117.21 points, or 1.1%, at 10,764.69, while the CAC 40 in Paris dropped 1.1% and the DAX in Frankfurt retreated 1.2%. Protesters burned public buildings and looted hundreds of shops, and Prime Minister Sebastien Lecornu said a state of emergency could be imposed 'if needed'. The yield on French 10-year bonds rose 15 basis points to 4.94%, as analyst David Morrison of Trade Nation said investors were dumping French debt for German bunds over national debt worries. In London, Anglo American fell 4.1% and Barclays declined 3.5%.
- Macron calls for calm as nationwide protests over rising costs turn violent
French President Emmanuel Macron called for “calm and order” after nationwide protests over living costs, education funding and public services turned into riots, looting and deadly violence. More than 550,000 people marched across France on Saturday; while most were peaceful, shops were vandalised, vehicles set alight and public buildings damaged in Paris, Marseille, Lyon and Limoges, where a fire caused the spire of a 143-year-old town hall to collapse. Police reportedly arrested more than 2,000 people over the weekend, and the Interior Ministry cited around 2,400 arrests. The movement began in September with student and teacher strikes in Paris suburbs and spread nationwide, fuelled by overcrowded classrooms, inflation, unemployment and anger after footage of a police headlock on a girl. Prime Minister Sébastien Lecornu was due to hold a crisis cabinet meeting on Monday, while similar discontent was reported in Belgium, Portugal, Italy and Albania.
Related markets
Latest news
- Internet down: Google Cloud outage leaves websites including Lloyds Bank, Rightmove and DPD not working
A major internet outage appears to have taken down many websites and apps, including Lloyds Bank, HSBC, Screwfix, DPD and internet bank Revolut, according to Down Detector. At least some of the problems seem linked to Google Cloud, where Google confirmed issues with multiple services at its west Europe facilities and said there was no workaround. The article notes it is unclear whether all the disruptions are related. It also points out that cloud infrastructure providers such as Google Cloud, Cloudflare and Amazon Web Services are largely invisible yet support much of the internet, so an outage at one can knock out many seemingly unrelated services.
- BlackRock Files for 'Buffer' Bitcoin ETF as IBIT Draws $665M in a Day
BlackRock has filed with the SEC for the iShares Bitcoin Managed Protection ETF (ticker PBIT), a 'buffer' fund that would limit initial losses to about 10% in exchange for capping gains. Instead of holding Bitcoin directly, it would buy call options on IBIT or similar exposure, sell higher-priced calls to offset costs, use three overlapping monthly tranches, and hold fixed-income investments. The management fee has not been set. On the same day, IBIT was the only one of 12 U.S. spot Bitcoin ETFs to post net inflows, at $665.2 million, while the group's total net inflows were $526.6 million. The funds had shed about $910 million over the previous two weeks as hotter-than-expected inflation data revived bets on another Federal Reserve rate hike.
- The Best Trillion-Dollar Stock to Buy Right Now, According to Wall Street
According to the article, 13 U.S.-listed stocks have a market capitalization of at least $1 trillion, and analysts are most bullish on Micron, with a median target price of $1,575 per share, implying 70% upside from the current $925. Micron's results have surged amid a memory chip shortage driven by AI infrastructure demand: revenue in the September quarter rose 379% to $54 billion, and non-GAAP earnings reached $33.42 per diluted share, up from $3.03 a year earlier. The CEO expects tighter supply-demand conditions in fiscal 2027 and 2028. However, new capacity from Micron, Samsung, SK Hynix and others could lead to oversupply by 2029, and memory prices have historically fallen sharply in such periods. Some investors believe AI demand and longer contracts could weaken the boom-and-bust pattern, while others remain cautious.
- PNJ Shares 'Surge' Ahead of Extraordinary Shareholders' Meeting
PNJ shares hit the daily ceiling of 19,750 dong ahead of an extraordinary shareholders' meeting, with more than 4 million shares in unfilled buy orders at the ceiling price and matched volume above 16 million shares, worth over 315 billion dong. Foreign investors returned as net buyers of over 3.5 million shares after heavy selling. At the meeting, the company will present a restructuring plan following the diamond incident, including cutting this year's revenue target by about 20% to around 39,000 billion dong and setting aside over 7,071 billion dong in provisions, which would swing projected after-tax profit from 3,400 billion dong to a loss of 6,271 billion dong. It also proposes lowering last year's dividend payout from 20% to 10% and issuing up to 550 million shares privately. The stock has lost about 70% of its value since early July.
- Nvidia Stock Hasn’t Been This Cheap in 7 Years. Only 1 Explanation Makes Sense.
Nvidia's trailing P/E ratio is about 27, its lowest since June 2019 and less than half its 10-year average of 61.3, even though the share price has nearly tripled since Aswath Damodaran called the stock a bridge too far in early 2024. The article argues the only mathematical explanation is that earnings are growing faster than the share price, with second quarter fiscal 2027 revenue up 106% to $92.6 billion and earnings up 126%. Damodaran's 2024 valuation model assumed revenue growth of around 32% a year over five years, a pace Nvidia is now far exceeding. Risks noted include doubts about returns on huge AI infrastructure spending, local opposition to data centers, and rising competition from AMD and customers such as Amazon, Google and Microsoft. The author says Damodaran was badly wrong about Nvidia and suggests the trend could continue.
- Coteccons shifts growth focus as construction sector gains major rivals
Coteccons (CTD) views the entry of VinCons (Vingroup) and Tân Minh Nhân (Sun Group) as a force raising industry standards, and its chairman Bolat Duisenov prefers not to compare the company with other contractors. Instead, management focuses on three questions: how to become investors' first choice, how to attract and retain talent, and how to diversify revenue. In fiscal 2026, net revenue rose 38% to VND 34,340 billion and after-tax profit rose 73% to VND 788 billion, while backlog reached a record VND 70,000 billion. The company targets revenue of VND 42,000 billion and profit of VND 1,050 billion for fiscal 2027, although new contracts signed in Q1 of fiscal 2027 totaled VND 14,519 billion, down year on year, as it tightens client and project selection. Bolat said the company can sustain 20-30% growth in the coming years and is shifting its focus from volume to efficiency.
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.