UK 30-YEAR YIELD CLIMBS 20BPS TO 5.86%, HIGHEST SINCE 1998

China’s April data are expected to show continued divergence between strong industry and weak consumption, with retail sales forecast to rise 1.9% year on year versus 1.7% in March, while industrial production is seen accelerating to 6% from 5.7%. Exports rose 14.1%, reinforcing resilience in external demand amid AI investment and energy disruption effects from the Iran war. Economists at Citigroup Inc. describe a widening K-shaped split, with robust manufacturing contrasting sluggish domestic demand, even as trade ties with the US improve following Donald Trump’s visit to Beijing.

全球最大黃金ETF--SPDR Gold Trust持倉較上日維持不變，當前持倉量爲1039.993噸。