The Stoxx Europe 600 index has narrowed its losses, currently down 0.3%, after falling as much as 1% earlier.

Domestic News: 1. Ministry of Commerce: The US tax refund measure is a positive step in correcting mistakes. 2. PricewaterhouseCoopers agrees to set aside HK$1 billion for compensation in connection with Evergrande's financial fraud. 3. He Lifeng meets with Stephen Schwarzman, Chairman and CEO of Blackstone Group. 4. Guangzhou: The city's GDP reached 798.888 billion yuan in the first quarter of this year, a year-on-year increase of 6%. 5. National Energy Administration: As of the end of March, the national cumulative installed power generation capacity reached 3.96 billion kilowatts, a year-on-year increase of 15.5%. 6. Ministry of Commerce and State Administration for Market Regulation issue a notice on the "Action Plan for Standardization of Trade in Services (2026-2030)". 7. Vice Minister of Agriculture and Rural Affairs: The national inventory of breeding sows has declined for nine consecutive months, the supply and demand relationship for live pigs is gradually improving, and prices are stabilizing. International News: 1. CME lowers margin requirements for gold and silver futures contracts. 2. Trump on predicting market insider betting: The world is becoming a bit like a casino. 3. Trump: If the UK doesn't cancel its digital services tax, tariffs will be imposed. 4. The White House is reportedly expected to extend the Jones Act exemption period for up to 90 days as early as Friday. 5. GPT-5.5 released, positioned as a new type of intelligence for practical work and intelligent agents. 6. Trump responds to "planned invitation to Putin to the G20 summit in Miami": I don't know about it, and I doubt he'll come. 7. Iran situation— ① Explosions heard over Tehran; Iranian media reports that air defense systems were activated to counter small drones, including Israeli reconnaissance drones. Israel denies airstrikes against Iran; US officials say the ceasefire remains unchanged. ② Iranian sources: Preparations for US-Iran negotiations may achieve a breakthrough "tonight or tomorrow." ③ Iranian leadership collectively denies internal strife and division. ④ Trump: Doesn't want to act hastily with Iran, retains military options, and will not use nuclear weapons against Iran. ⑤ Israeli sources say Ghalibaf has resigned from the Iran negotiating team. The Iranian Foreign Ministry stated that Ghalibaf enjoyed the trust of various political factions. ⑥ Trump ordered the sinking of any ships laid mines in the Strait of Hormuz. Sources say Iran laid more mines this week. ⑦ Iranian Foreign Ministry: The focus of negotiations has shifted from the nuclear issue to a complete ceasefire. ⑧ Trump: The ceasefire between Israel and Lebanon will be extended for three weeks.

UK retail sales rose 1.7% year-on-year in March, seasonally adjusted, below the expected 1.3% and the previous figure revised from 2.50% to 1.8%.