LVMH sales weaken as Chinese demand hits Louis Vuitton and Dior
LVMH’s third-quarter organic sales rose 1% to €18.5 billion, missing estimates as demand for Louis Vuitton and Dior weakened in China.
1 source
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LVMH’s third-quarter organic sales rose 1% to €18.5 billion, missing estimates as demand for Louis Vuitton and Dior weakened in China.
1 source
The UK prime minister confirmed a 20 November EU summit and said proposed agreements could add £10bn a year to the economy by 2040.
1 source · BBC
Bitcoin started the week above $84,000 but fell below $83,000 as investors await US inflation data and signals from the Fed.
1 source · РБК
European UCITS ETFs attracted €127.4 billion in net new assets in Q3, led by equities, while gold products drew more than €10 billion.
1 source
Delta has moved its first nonstop Atlanta–Riyadh service to March 2027 following a security review linked to regional geopolitical tensions.
1 source · Seeking Alpha
Enact shares fell 1.8% after J.P. Morgan lowered its rating, citing the mortgage insurer’s valuation premium to comparable companies.
1 source
U.S. equities opened mixed, with oil prices up more than 2% as investors focused on upcoming earnings and key inflation data.
1 source · Reuters
The dollar advanced against major currencies as traders priced in a December Fed hike and assessed persistent geopolitical risks.
1 source · dpa-AFX
Crude gains as fresh Russian attacks on Ukrainian energy assets coincide with renewed Middle East tensions and mixed U.S. equity trading.
1 source · Dow Jones Newswires
Ritterbusch & Associates expects little effect on diesel prices and a later-month slowdown in U.S. distillate exports.
1 source · Dow Jones Newswires
Nifty 50 held 22,300, but elevated oil prices and bond yields kept the recovery fragile ahead of the weekly options expiry.
1 source · CNBC TV18
Oil prices recovered from early losses as traders assessed Middle East supply threats, possible Russian diesel exports and a Russia-Ukraine energy truce.
1 source · Dow Jones Newswires
Confirmed oil flows through the Strait of Hormuz fell to 2 million barrels a day Saturday from 22.8 million Thursday, Kpler data showed.
1 source · Dow Jones Newswires
Bank of America expects gold to average $4,000 an ounce in 4Q26 and $4,813 in 2027, while warning that near-term pressure may remain.
2 sources · Reuters
The FAA urged caution near Saudi Arabia after attacks closed Riyadh’s airport; a terminal strike killed at least 12 people and injured more than 300.
1 source · CNBC
Vita Coco said it will release financial results for the third quarter of 2026 before the market opens on October 22, followed by an investor call.
4 sources · GlobeNewswire, globenewswire.com
Benzinga reports that Iranian strikes on vessels near Oman raised shipping risks. WTI reached $92.82 and Brent climbed to $106.09 amid supply concerns.
1 source · Benzinga
Asian refiners bought Saudi crude for November delivery through spot deals as security risks in the Strait of Hormuz disrupted tanker chartering.
1 source · Reuters
Andy Burnham may raise levies on UK banks to help close a fiscal gap. A large increase could unsettle shareholders, while a softer step may be absorbed.
1 source · Reuters
Asian fuel oil premiums climbed after attacks on Saudi Arabia, while timespreads and cracks strengthened as traders reassessed supply risks.
1 source · Reuters