2026-04-07 Tuesday
2026-04-10
16:29:02
[Germany's March Services PMI Final Reading Revised Down to 50.9] ⑴ The final reading of Germany's HCOB March Services Purchasing Managers' Index (PMI) was revised down to 50.9 from the preliminary reading of 51.2, lower than February's 53.5, marking the weakest growth since the contraction in services activity in August 2025. ⑵ New orders declined, ending a five-month streak of growth, as companies reported increased customer uncertainty and rising fuel prices due to the Middle East war squeezed spending. This reflects a slight decrease in orders from abroad after three consecutive months of growth. Employment also declined for the third consecutive month. ⑶ Input price inflation surged to its highest level since February 2024, further exceeding the long-term average, while output price increases were the slowest since 2026, but still above historical trends. Furthermore, business confidence fell to its lowest point this year due to concerns about high energy prices, supply chain disruptions, and geopolitical uncertainty.
16:20:03
Taiwan's foreign exchange reserves in March, China
Previous
:
6054.87
Forecast
:
-
Published Value
5968.86
Previous
16:12:10
[Eurozone Services PMI Falls to 50.2 in March, a 10-Month Low] ⑴ The S&P Global Eurozone Services Purchasing Managers' Index (PMI) fell to 50.2 in March from 51.9 in February, close to the preliminary reading of 50.1, marking the weakest performance since May last year. Demand conditions deteriorated, with new business declining for the first time since July 2025, the largest drop in 16 months, and export sales also declined further. ⑵ Service providers continued to digest backlogged orders, continuing the trend since November last year. Employment levels were largely flat, with hiring activity near a five-year low. Amid rising uncertainty, business confidence weakened significantly, falling to a 10-month low. ⑶ Meanwhile, cost pressures intensified, with input price inflation accelerating to a 34-month high, but the pace of output price increases slowed slightly compared to February.
16:11:49
[Italy's March Services PMI Falls to 48.8, First Contraction Since 2024] ⑴ The S&P Global Italy Services Purchasing Managers' Index (PMI) fell to 48.8 in March from 51.0 in February, well below market expectations of 52.3. This marks the first return to contraction territory since November 2024, driven by reduced activity following the Winter Olympics, weak overall demand, and declining output due to increased international uncertainty. ⑵ New business also contracted for the first time in over a year, with the largest drop since November 2024. Meanwhile, employment remained largely unchanged from February, with limited hiring offset by layoffs elsewhere. ⑶ On the price front, input costs surged to their highest level in over three years, reflecting higher wage pressures and rising costs of raw materials, energy, and fuel, largely related to the ongoing conflict in the Middle East. Business confidence fell to a seven-month low.
16:11:34
[France's March Services Sector Contraction Deepens, Services PMI Falls to 48.8] ⑴ The final reading of S&P Global France's March Services Purchasing Managers' Index (PMI) was revised upward to 48.8 from the preliminary reading of 48.3, but remained below February's 49.6, indicating a deeper contraction in the services sector. New business volume saw its fastest decline since July 2025, dragged down by weak customer spending ahead of local elections and uncertainty related to the Middle East conflict. ⑵ Export orders continued to contract, extending an eight-month decline. Employment saw its first slight drop since the end of 2025 as companies stopped filling vacancies, while backlogs remained largely unchanged. ⑶ Input prices surged to a 20-month high, driven by fuel costs, supplier price increases, and wage pressures, but output prices remained stable under competitive pressure. Overall business confidence fell to a three-month low, reflecting geopolitical and domestic uncertainty, but cautious optimism remained for the coming year.
16:10:00
[State Administration of Foreign Exchange: my country's Foreign Exchange Reserves Reached US$3.3421 Trillion at the End of March 2026] The State Administration of Foreign Exchange (SAFE) released data on China's foreign exchange reserves at the end of March 2026. Statistics show that as of the end of March 2026, my country's foreign exchange reserves stood at US$3.3421 trillion, a decrease of US$85.7 billion from the end of February, representing a 2.5% drop. In March 2026, influenced by factors such as the global macroeconomic environment, monetary policies of major economies, and expectations, the US dollar index rose, while the prices of major global financial assets fell. The combined effect of exchange rate conversion and asset price changes led to a decrease in foreign exchange reserves that month. my country's economy operated smoothly overall, with steady progress and new achievements in high-quality development, providing support for maintaining the basic stability of foreign exchange reserves.
16:05:33
New passenger car registrations in the UK for April
Previous
:
90100
Forecast
:
-
Published Value
380627
Previous
16:05:19
China's gold reserves in March
Previous
:
7422
Forecast
:
-
Published Value
7438
Previous
16:05:01
China's March gold reserves - denominated in US dollars
Previous
:
3875.90
Forecast
:
-
Published Value
3427
Previous
16:02:45
China's foreign exchange reserves in March
Previous
:
34278.07
Forecast
:
34000
Published Value
33420
Previous
16:02:30
[South Africa's March Private Sector Expansion Composite PMI Rises to 50.8] ⑴ The S&P Global South Africa Purchasing Managers' Index (PMI) rose to 50.8 in March from 50 in February, marking the first improvement in business conditions in six months. Output growth was the fastest in six months, while employment growth was stronger, and input inventories rose for the first time since November last year. ⑵ However, there are signs that increased economic uncertainty and supply chain disruptions caused by the Middle East wars are beginning to put pressure on the economy. New orders fell for the second consecutive month, and the decline accelerated, while export sales saw their biggest drop in more than two years. Supplier delivery times were extended to a 16-month high due to shipping disruptions in the Strait of Hormuz. ⑶ On the price front, input price inflation rose sharply, driven by rising fuel costs, a stronger dollar, and changes in the minimum wage, resulting in the largest increase in output prices in more than a year. Future activity expectations weakened further, falling to their lowest level since July 2021.
16:01:55
LME Daily inventory changes in the UK on April 7th - Lead
Previous
:
-
Forecast
:
-
Published Value
-225
Previous
16:01:43
LME Daily inventory changes in the UK on April 7th - Zinc
Previous
:
-
Forecast
:
-
Published Value
-25
Previous
16:01:36
LME Daily Inventory changes in the UK on April 7th - Tin
Previous
:
-
Forecast
:
-
Published Value
165
Previous
16:01:30
LME Daily inventory changes in the UK on April 7th - Copper
Previous
:
-
Forecast
:
-
Published Value
14325
Previous
16:01:21
LME Daily inventory changes in the UK on April 7th - Primary aluminum
Previous
:
-
Forecast
:
-
Published Value
-2050
Previous
16:01:13
LME Daily inventory changes in the UK on April 7th - Nickel
Previous
:
-
Forecast
:
-
Published Value
0
Previous
16:01:11
LME Daily inventory changes in the UK on April 7th - Cobalt
Previous
:
-
Forecast
:
-
Published Value
0
Previous
16:01:08
LME Daily inventory changes in the UK on April 7th - Main NASAAC aluminum alloys
Previous
:
-
Forecast
:
-
Published Value
0
Previous
16:01:06
LME Daily Inventory changes in the UK on April 7th - Aluminum Alloy
Previous
:
-
Forecast
:
-
Published Value
0
Previous
16:00:41
The total amount of demand deposits in Switzerland for the week ending April 3
Previous
:
4609.51
Forecast
:
-
Published Value
4643.10
Previous
16:00:30
The average weekly amount of domestic demand deposits in Switzerland for the week ending April 3
Previous
:
4330.93
Forecast
:
-
Published Value
4299.02
Previous
16:00:03
The final reading of the Eurozone's SPGI Services PMI for March
Previous
:
50.10
Forecast
:
50.10
Published Value
50.20
Previous
16:00:01
The final reading of the Eurozone's SPGI Composite PMI for March
Previous
:
50.50
Forecast
:
50.50
Published Value
50.70
Previous
15:59:21
[Spain's Services PMI Rises to 53.3 in March, Accelerating Unexpectedly] ⑴ The S&P Global Spain Services Purchasing Managers' Index (PMI) rose to 53.3 in March from 51.9 in February, far exceeding market expectations of a slowdown to 50.8. Business activity expanded steadily, supported by growth in new orders, but the pace slowed to a nine-month low due to uncertainty related to the Middle East conflict. ⑵ Foreign demand remained weak, with export sales experiencing their largest decline since January 2024. Employment continued to grow, extending the current hiring momentum to three and a half years. Businesses also expanded capacity, with backlogs showing a slight increase for the first time in four months. ⑶ Input costs surged at their fastest pace in nearly three years, driven by rising energy, fuel, and wage expenditures. In response, businesses raised output prices at their fastest pace since August 2025. Despite continued growth, business confidence fell to its lowest level since September 2023, with businesses expressing concerns about inflation and its potential impact on future demand.
15:58:51
[Oil Company Head: Iraqi Crude Oil Exports Could Recover to Pre-War Levels Within a Week if Shipping Channels Remain Open] The Iraqi state-owned Basra Oil Company recently stated that if the conflict with Iran ends and the Strait of Hormuz is unblocked, Iraqi crude oil exports could essentially recover to pre-war levels within a week. Foreign media reported on the 6th, citing Basra Oil Company head Bassem Abdul Karim, that current production in southern Iraqi oil fields is approximately 900,000 barrels per day. Specifically, the Rumaila oil field in Basra province has seen its daily production drop from approximately 1.35 million barrels before the war to approximately 400,000 barrels, while the Zubair oil field in the same province has fallen from 640,000 barrels to 300,000 barrels. Production in the Kirkuk oil field in the north is approximately 380,000 barrels per day. About 90% of Iraq's fiscal revenue comes from crude oil exports, with the main oil-producing areas in the south. Before the US and Israel launched their military strikes against Iran on February 28, Iraqi oil fields produced approximately 4.3 million barrels of crude oil per day; daily exports were approximately 3.5 million barrels, mainly transported through the Strait of Hormuz. (Xinhua)
15:55:03
The final reading of Germany's SPGI Services PMI for March
Previous
:
51.20
Forecast
:
51.20
Published Value
50.90
Previous
15:55:02
The final reading of Germany's SPGI Composite PMI for March
Previous
:
51.90
Forecast
:
51.90
Published Value
51.90
Previous
15:54:56
[Singapore Raises Corporate Income Tax Rebate to 50% for Fiscal Year 2026] ⑴ Singapore's Senior Minister of State for Finance, Chee Hong Tat, announced in a parliamentary statement on Tuesday that the corporate income tax rebate for the 2026 assessment year will be increased from 40% to 50%. He stated that higher energy and logistics costs are likely to persist across various sectors of the economy. ⑵ According to the Business Times, the cash grant portion for eligible companies will increase from S$1,500 to S$2,000, and the total benefit cap per company will increase from S$30,000 to S$40,000. ⑶ Under the existing framework, the basic tier provides up to S$30,000 in funding support, originally scheduled to run until March 31, 2027. Chee Hong Tat added that the scheme will be extended for another year to March 31, 2028, allowing more companies to benefit.
15:50:02
The final reading of France's SPGI Composite PMI for March
Previous
:
48.30
Forecast
:
48.20
Published Value
48.80
Previous
15:50:02
The final reading of France's SPGI Services PMI for March
Previous
:
48.30
Forecast
:
48.30
Published Value
48.80
Previous
15:45:03
Italy's SPGI Services PMI for March
Previous
:
52.30
Forecast
:
51.50
Published Value
48.80
Previous
15:45:02
Italy's SPGI Composite PMI for March
Previous
:
52.10
Forecast
:
-
Published Value
49.20
Previous
15:34:56
[Pentagon Reportedly Considering Strike Iranian Dual-Use Energy Facilities as "Deadline" Approaches] With US President Trump's so-called "ultimatum" to Iran nearing its expiration, the Pentagon was reported on June 6th to have added Iran's dual-use energy facilities to its strike target list. According to a report on the Politico website on June 6th, Iran maintains firm control over the Strait of Hormuz, a vital energy transport route, and its public statements indicate a continued refusal to yield to US demands, further frustrating the White House. As the conflict drags on, the US has fewer and fewer strategic targets in Iran to strike, and the US government is weighing whether and how to expand the scope of its strikes, including infrastructure vital to Iranian livelihoods. The report states that if Trump sends ground troops into Iran, it could further prolong the already unpopular conflict in the US. If Trump chooses to attack Iranian civilian infrastructure, it would clearly violate international law and could face war crimes charges. To avoid this outcome, the US intends to follow Israel's example and target Iran's dual-use facilities. (Xinhua)
15:16:11
Spain's SPGI Composite PMI for March
Previous
:
51.50
Forecast
:
-
Published Value
52.40
Previous
15:15:02
Spain's SPGI Services PMI for March
Previous
:
51.90
Forecast
:
50.90
Published Value
53.30
Previous
15:15:01
HSBC's overall Economic PMI for South Africa in March
Previous
:
50
Forecast
:
-
Published Value
50.80
Previous
15:11:19
Daily Warehouse receipt changes of the Shanghai Futures Exchange on April 7th in China - Alumina
Previous
:
14340
Forecast
:
-
Published Value
-269
Previous
15:11:17
Daily Warehouse receipt changes of the Shanghai Futures Exchange on April 7th in China - Wire Rods
Previous
:
0
Forecast
:
-
Published Value
0
Previous
15:11:15
Daily Warehouse receipt changes of the Shanghai Futures Exchange on April 7th in China - Hot-rolled coil
Previous
:
2926
Forecast
:
-
Published Value
-886
Previous
15:11:12
Daily Warehouse receipt changes of the Shanghai Futures Exchange on April 7th in China - Petroleum Asphalt
Previous
:
0
Forecast
:
-
Published Value
-380
Previous
15:11:10
Daily Warehouse receipt changes of the Shanghai Futures Exchange on April 7th in China - Natural Rubber
Previous
:
-30
Forecast
:
-
Published Value
0
Previous
15:11:08
Daily Warehouse receipt changes of the Shanghai Futures Exchange on April 7th in China - Pulp
Previous
:
1403
Forecast
:
-
Published Value
4863
Previous
15:11:06
Daily Warehouse receipt changes of the Shanghai Futures Exchange on April 7th in China - Rebar
Previous
:
0
Forecast
:
-
Published Value
0
Previous
15:11:04
Daily Warehouse receipt changes of the Shanghai Futures Exchange on April 7th in China - Stainless Steel
Previous
:
1189
Forecast
:
-
Published Value
368
Previous