China industrial profits rose 2.6% YoY in Mar, versus -0.3% in Jan & Feb
NA
Earnings outlook remains challenging given trade war risks
French INSEE manufacturing confidence index rose to 99 in Apr, from 96 in Mar
Above expected 95; sub-index for production outlook fell to -16 in Apr, from -11 in Mar
Improvement likely towards end of 2025, but in the near term trade war will hurt sentiment
UK retail sales rose 0.4% MoM in Mar, versus 0.7% in Feb
Above expected -0.4%; YoY, retail sales rose 2.6% in Mar, versus 1.8% in Feb
Good weather boosted sales, inc. clothing; increased uncertainty could weigh on sales ahead
Singapore industrial production fell -3.6% MoM in Mar, versus -2.9% in Feb
Weaker than expected 0.6%; YoY, industrial production rose 5.8% in Mar, versus 0.9% in Feb
Volatile series; industrial output likely to contract ahead on trade war risks