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(1) Italy's industrial turnover in March increased by 2.0% month-over-month, marking the largest rise in six months and accelerating from February’s revised 0.5%. (2) Domestic sales rebounded sharply (up 2.3%, compared to February’s 0.2% decline), offsetting the slowdown in foreign sales (up 1.5%, compared to February’s 1.8% increase). (3) On an annual basis, industrial turnover adjusted for calendar effects soared by 4.4%, up from a 0.5% increase in the previous month, driven by strong growth in both domestic (up 4.5%, previous value 0.4%) and foreign (up 4.1%, previous value 0.7%) sales. (4) By sector, energy recorded robust growth of 25.3%, capital goods rose by 5.8%, intermediate goods increased by 4.9%, while consumer goods fell by 1.4%. (5) Meanwhile, service sector turnover increased by 1.3% month-over-month after a 0.1% decline in February, mainly supported by a recovery in wholesale trade (up 2.1%, previous value a 0.1% decrease).

According to Odaily, the US stock trading influencer Serenity posted on the X platform that they have completed building a position in the European stock XFAB at a market capitalization of $1.28 billion. This is the first time Serenity has mentioned this stock on X. After opening today on Euronext Paris in Paris, France (market opening at 15:00 UTC+8), XFAB's price surged by 10%, rising from €8.88 to €9.88. X-FAB Silicon Foundries SE (XFAB) is a specialty wafer foundry focusing on analog and mixed-signal semiconductor technologies. Serenity stated that the EU "CHIPS act 2" will serve as a catalyst for European photonic companies, and XFAB is very likely to be included and receive government funding. At the same time, XFAB is the only high-volume silicon carbide wafer foundry in the United States and is also an important MEMS (Micro-Electro-Mechanical Systems) foundry. Currently, XFAB's price-to-book ratio is about 1.29x. Serenity believes its expected price-to-earnings ratio will reach 6.5–8.5 by 2028. Reportedly, Serenity is currently the most-followed and influential AI/semiconductor stock analyst on the X platform. They joined X in July 2025 and currently have over 400,000 followers and more than 37,000 subscribers. Over the past year, many of the small-cap stocks recommended by Serenity have risen by more than 100%, and so far this year, their personal return rate exceeds 3840%. For more of Serenity's investment strategies and background, you can read "US Stock Trading King Serenity: Leading Institutions Build Positions at Lows, Annual Return 3840%".

Australian inflation cools, providing grounds to pause rate hikes. The Australian dollar faces short-term pressure but retains medium-term support.