Footsie Falters Amid Tech Jitters And French Unrest But Mulberry Stages A Comeback
Footsie loses momentum as Wall Street’s tech sell-off, elevated energy prices and unrest in France keep investors on edge. Oil remains a pressure point, with Brent hovering around $107 a barrel as fresh attacks in the Strait of Hormuz and Ukraine’s strikes on Russian energy facilities keep supply risks in focus. French protests spook bond investors, with 10-year yields spiking again amid intense unrest. China’s export engine keeps powering growth, with the economy expanding by 4.5% in the third quarter as high-tech manufacturing and AI-related demand help offset US tariffs. Germany courts global tech leaders as it tries to revive investment and compete with the US and China, despite persistent energy costs and red tape. Mulberry is back in the fashion frame, with first-half sales rising 18% as new designs, stronger US demand and a return to the London Fashion Week catwalk help drive its turnaround.
P.ublished 19th October 2026