Daily signals

In March, retail sales in the US dropped by 1% compared to February, falling short of analysts' expectations of a 0.9% decline.

The UK's GDB for February remained unchanged from January.

The US Consumer Price Index for March showed a much stronger slowdown than was expected.

Retail sales in the Eurozone grew by 3% in annualised terms against analyst expectations of a 3.1% increase.

The appetite risk in markets is dropping due to growing geopolitical tensions after Chinese armed forces simulated high-precision strikes on Taiwan during its second day of military drills.

US labour market data showed that the unemployment rate dropped to 3.5%.

The US services PMI fell in March to 51.2.

The price of gold has reached its highest level since March 2022.

In February, German imports and exports rose by 4.6% and 4%, respectively, month-over-month, against analysts' expectations that they would increase by 1% and 1.6%.

OPEC+ members announced their decision to cut oil production by about another 1.16 million barrels per day, starting in May and going until the end of 2023.