According to information from the Ministry of Commerce, in the first three months of this year, the consumer goods trade-in program delivered remarkable results, with sales exceeding 433.17 billion yuan and benefiting a total of 60.933 million person-times. Specifically, automobile trade-ins contributed 228.69 billion yuan in sales, while sales of new purchases under the home appliance trade-in program, as well as digital and smart products, totaled 204.48 billion yuan.

According to data released by the US Bureau of Labor Statistics, US non-farm payrolls increased significantly by 178,000 in March, far exceeding market expectations of 60,000 and reaching the highest level since December 2024. Meanwhile, the unemployment rate in March also edged down to 4.3%, compared with market expectations for it to remain unchanged at 4.4%. In addition, non-farm payrolls for January and February were revised down by a combined 7,000. Data from CME FedWatch showed that the probability of the US Fed keeping policy unchanged within the year had exceeded 90%.

US President Trump declared that, before long, the Strait of Hormuz would be reopened “with ease,” at which point the US would “take the oil.” He also claimed that the US military “has not yet begun destroying Iran’s remaining facilities” and plans to launch follow-up strikes on Iran’s bridges and power plants. In response, the Iranian military issued a statement saying that if the US dares to take action against Iran’s infrastructure, Iran will destroy “all assets and infrastructure” of the US and Israel in the Middle East.