Financial markets, business analytics and economic trends.
On 2 November, Alstom sharply lowered its FY2026/27 outlook, projecting €1.5bn in negative free cash flow instead of a positive figure. Shares lost about 30% in early Paris trading.
China's central bank will conduct its third SFISF swap on November 3. Applications from 31 firms exceed 100 billion yuan, but no new allocation has yet been executed.
By 09:00 GMT on 2 November, Brent had fallen 3.7% to $109.23 and WTI 3.8% to $100.14. Qatari-mediated Iran talks eased immediate supply fears, although no peace agreement or Strait of Hormuz reopening has been confirmed.
The final eurozone manufacturing PMI was 52.7, down from 52.9 in September but above the 52.4 flash estimate. Export orders were strong, while energy and supply costs intensified.
China's private RatingDog/S&P Global manufacturing PMI edged down to 52.0 in October while the official survey fell to 49.3. The contrast highlights differences in the surveys, slower export-order growth and mounting price competition.
Indonesia's annual inflation edged down to 3.23% from 3.28% in October, while prices rose 0.22% month on month. Chilli and transport costs remain pressure points; core inflation stood at 2.56%.
India's final October manufacturing PMI slipped from 55.1 to 54.7, below the 54.9 flash reading. Export orders strengthened while output, hiring and domestic demand slowed.
