SGS Perspectives Markets Overview Daily Market Summary A-Share Non-metallic Building Materials A-Share Banking Jobless recovery? China: March CPI inflation remained at 1.4%oya, PPI deflation narrowed to -4.6%; expect further monetary easing Sete Brasil rigs down to 13-17?; SBM denies $1.7 bn PBR settlement Late March CISA output fell to 2 year low Employee stock ownership program a crucial step towards corporate reform, upgrade to OW