2024年4月，制造业的商业调查指数（BSI）从上月的71增至73。这是自6月以来的最高数据，因为出口导向的需求（3月为80比75）和销售额（3月的79比77）都有所增长。与此同时，盈利能力稳定在78，国内需求（3月为69，而3月为70）下降。此外，制造商报告销售价格（3月份为100比95）和原材料采购价格（3月为121比117）均有上涨。

The Business Survey Index (BSI) for the manufacturing sector increased to 73 in April 2024, from 71 in the preceding month. It marked the highest reading since June as export oriented demands (80 vs 75 in March) and sales (79 vs 77 in March) rose. Meanwhile, profitability remained steady at 78 and domestic demands (69 vs 70 in March) decreased. Additionally, manufacturers reported an increase in both sales prices (100 vs 95 in March) and raw material purchase prices (121 vs 117 in March).

标准普尔/多伦多证券交易所综合指数周三下跌0.63%，收于21873点，受工业和金融板块股票下跌的推动。加拿大国家铁路公司在公布令人失望的第一季度报告后下跌4.6%，而加拿大太平洋铁路公司在今天收盘后的预定报告前下跌6.3%。此外，加拿大皇家银行（Royal Bank of Canada）以2.2%的亏损对金融业的下滑起到了推波助澜的作用。与此同时，科技板块也扭转了早盘支撑，Shopify下跌2.07%。

The S&P/TSX Composite index fell by 0.63% to close at 21,873 on Wednesday, driven by declines in industrial and financial sector stocks. Canadian National Railway dropped by 4.6% after a disappointing first-quarter report, while Canadian Pacific Railway fell by 6.3% ahead of its scheduled report after today's closing bell. Additionally, the Royal Bank of Canada contributed to the financial sector's decline with a loss of 2.2%. Meanwhile, the tech sector also reversed its early session support, with Shopify experiencing a loss of 2.07%.

周三，在一系列强劲的企业盈利报告中，市场参与者对未来的利率走势感到担忧，美国股市难以获得牵引力。标准普尔500指数收盘基本持平，纳斯达克指数微涨0.1%，道琼斯指数收盘下跌0.1%。在华盛顿再次增加债务供应、收紧金融状况和对风险较高股票的需求之前，长期国债收益率大幅上升。在盈利消息中，特斯拉在宣布计划提高产量并推出更实惠的车型后，股价飙升12%，抵消了其弱于预期的季度业绩。Visa上涨0.3%，德州仪器上涨5.6%，美国电话电报公司在公布乐观业绩后上涨1.8%。然而，波音公司股价下跌2.9%，此前该公司公布了七个季度以来的首次季度收入下降，尽管超出了分析师的预期。收盘后，Meta、IBM和福特等公司将公布季度业绩。

US Stocks struggled for traction on Wednesday as market participants were concerned about the future path of interest rates, amid a strong set of corporate earnings reports. The S&P 500 ended mostly muted, the Nasdaq edged up by 0.1% while the Dow Jones closed 0.1% lower. Long-dated Treasury yields were sharply higher ahead of a fresh increase in debt supply by Washington, tightening financial conditions and pressuring demand for riskier equities. In earnings news, Tesla surged 12% after announcing plans to ramp up production and introduce more affordable models, offsetting its weaker-than-expected quarterly results. Visa rose 0.3%, Texas Instruments climbed 5.6%, and AT&T gained 1.8% after reporting upbeat results. However, Boeing's stock fell 2.9% after the company reported its first quarterly revenue decline in seven quarters, despite beating analyst expectations. After the closing bell, Meta, IBM, and Ford were among the companies set to report their quarterly results.

4月，10年期英国政府金边债券收益率飙升至4.33%以上，为11月以来的最高水平，因为对英格兰银行的鹰派预期放大了英国政府债券供应的新增长。对粘性通胀的持续担忧，加上令人惊讶的强劲国内采购经理人指数，推低了英国央行首次降息的预期。央行首席经济学家休·皮尔也表达了这种观点，他表示，最新的经济消息意味着首次降息可能“还有一段路要走”。与此同时，英国债务管理办公室宣布，将在2024-25财年比原计划多出售124亿英镑的Gilts，超过市场预期，这已经是有记录以来第二大债务发行计划。因此，英国债务的看跌势头反映在政府30年期Gilt银团的创纪录高收益率上。

The yield on the 10-year UK government gilt surged to above 4.33% in April, the highest since November, as hawkish expectations for the Bank of England magnified a fresh increase in bond supply by the UK government. Lingering concerns of sticky inflation, in addition to a surprisingly strong domestic PMI, pushed back expectations of a first BoE rate cut. The sentiments were echoed by the central bank’s Chief Economist Huw Pill, stating that the latest economic news means a first rate cut could be “some way off”. The developments coincided with the UK Debt Management Office’s announcement that it will sell GBP 12.4 billion more Gilts than originally planned for the 2024-25 fiscal year, more than markets’ expectations, and adding to what was already the second-largest debt issuing package on record. Consequently, the bearish momentum for British debt was reflected in record-high yields for the government’s 30-year Gilt syndication.