Global Economic Updates: Exports, Elections, Profits, and Data

French wine and spirit exports decline due to declining consumer demand and distributor de-stocking, particularly in the US market. Pakistan's recent elections result in political instability, raising concerns about reforms and regional stability. India's Hindalco misses Q3 profit estimates due to weak aluminum sales at Novelis. TUI reports a surprise first-quarter profit, driven by robust travel demand. UK job and wages data exceed expectations, leading to a decline in London shares and awaited US inflation data. Standard Chartered reportedly provided banking services to a Chinese company trading with US-sanctioned Iranian firms.