US durable goods orders rose 9.2% MoM in Mar, versus 0.9% in Feb
Growth stronger than 2% expected; core orders rose 0.1% MoM in Mar, verus 0.3% in Feb
Soft core orders (ex-transport)reflect impact of policy uncertainty on business capex
Germany Ifo business climate index rose to 86.9 in Apr, up from 86.7 in Mar
Above 85.2 expected; expectations sub-index fell to 87.4 in Apr, from 87.7 in Mar
Mfg backlog stabilizing; trade war likely to weigh in near term before cyclical improvement
French INSEE consumer confidence index 92 in Apr, unchanged from Mar
Above 91expected
Cyclical recovery to boost sentiment, causing savings to fall and boosting consumption
UK CBI industrial new orders indicator rose to -26 in Apr, from -29 in Mar
NA
Expect subdued industrial activity amid trade uncertainties and domestic pessimism