Key Events Around Globe that Investors Must Know

China exports fall unexpectedly as tariffs damps US demand

China’s exports declined for the first time in eight months in October as higher trade tariffs dampened demand from the US, and imports growth eased sharply on weaker domestic demand.

As the impact of front-loading faded, exports dropped 1.1 percent on a yearly basis in October, figures from the General Administration of Customs revealed Friday. This was the first decline since February.

The fall came in contrast to the 8.3 percent increase in September and also confounded expectations for an increase of 3.0 percent.

Shipments to the US declined around 25 percent in October. China has diversified its exports to other economies in Southeast Asia and Africa to reduce the impact of higher tariffs from the US.

UK firms plan 3% pay rises in coming year, see AI hit to jobs

British employers expect to raise wages by 3% in the next 12 months, but some recruiters expect artificial intelligence to shrink their workforce, according to a survey that showed firms were worried about the impact of government tax plans on hiring.

The Chartered Institute of Personnel and Development, a professional body for the human resources sector, said overall hiring intentions were around the weakest since the pandemic, and were especially low in the public sector.

One in six employers expect the use of AI tools will allow them to reduce their headcount in the next 12 months.

China CPI inflation ticks up in Oct, PPI shrinks slightly less than expected

Chinese consumer price index inflation picked up in October on some support from the Golden Week holiday, while producer inflation shrank slightly less than expected. But the print still showed China’s deflationary trend in play, with PPI also shrinking for more than three consecutive years. CPI grew 0.2% year-on-year, government data showed over the weekend. The print beat expectations that inflation will remain flat, and picked up from a 0.3% contraction in the prior month. On the producer front, producer price index inflation shrank 2.1% yoy in October, less than expectations for a 2.3% decline.

US fourth-quarter GDP could be negative if shutdown drags on

US economic growth in the fourth quarter could be negative if a federal shutdown drags on, White House economic adviser Kevin Hassett said in an interview. Thanksgiving time is one of the hottest times of the year for the economy and if people aren’t traveling at that moment, then really could be looking at a negative quarter for the fourth quarter, he said.

Source – HDFC Securities, Prime Weekly, 10 Nov 2025