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April 27, 2026
Euro traded at 1.1733 against USD at 9:00 AM PST
German consumer sentiment is set to deteriorate sharply in May amid rising inflation and the war in Iran. The forward-looking consumer confidence index fell to -33.3 in May from -28.1 in April. This was the lowest score since February 2023.
The desire to buy dropped 3.5 points to -14.4, marking a two-year low in a long-term comparison. At the same time, the willingness-to-save indicators fell to 16.1 from 18.5 the previous month. 04/27/2026 - 04:13:00 (RTTNews)
British Pounds traded at 1.3550 against USD at 9:00 AM PST
U.K. retailers reported a sharp decline in sales in April. A net 68% of retailers said sales volumes declined in April compared to last month's balance of 52%. Online retail sales volumes experienced particularly steep declines, with the balance falling to -51% from -11% in March, the fastest fall since January 2024. 04/27/2026 - 08:06:00 (RTTNews)
China's industrial profits increased notably in the first quarter, despite challenges posed by geopolitical tensions. Industrial profits logged an annual growth of 15.5% in the January to March period. Profits had increased 15.2% in the first two months of the year. In March alone, industrial profits increased 15.8% from the same period last year. Profits at China's industrial firms posted growth despite the war in the Middle East pushing up global oil prices and raw material costs. 04/27/2026 - 00:37:00 (RTTNews)
Singapore's industrial production expanded at an accelerated pace in March. Industrial production advanced 10.1% year-on-year in March, much faster than the 3.3% rise in February. This was the fastest growth since December 2025.
Among clusters, electronics output grew the most by 30.0% from last year, driven by the infocomms, consumer electronics, and semiconductors segments on the back of robust AI-related demand. The precision engineering segment expanded 14.0%, and general manufacturing output was 7.6% higher.
On the other hand, chemical output fell sharply by 16.0% amid lower output in the petroleum and petrochemical segments due to disruptions in feedstock supply. Biomedical manufacturing also contracted 14.3%. Excluding biomedical manufacturing, total industrial production surged 13.5% annually in March. 04/27/2026 - 04:35:00 (RTTNews)
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