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Key Economic Data and Events to Watch Today: Friday, May 8, 2026 ① Pending: Domestic refined oil price adjustment window opens ② 14:00 Germany March Seasonally Adjusted Industrial Production MoM ③ 14:00 Germany March Seasonally Adjusted Trade Bala

2026-05-08

Key Economic Data and Events to Watch Today: Friday, May 8, 2026 ① Pending: Domestic refined oil price adjustment window opens ② 14:00 Germany March Seasonally Adjusted Industrial Production MoM ③ 14:00 Germany March Seasonally Adjusted Trade Balance ④ 14:00 UK April Halifax Seasonally Adjusted House Price Index MoM ⑤ 15:00 Switzerland April Consumer Confidence Index ⑥ 17:45 Fed Governor Cook speaks ⑦ 20:20 Bank of England Governor Bailey speaks ⑧ 20:30 Canada April Employment Change ⑨ 20:30 US April Unemployment Rate ⑩ 20:30 US April Seasonally Adjusted Non-Farm Payrolls ⑪ 20:30 US April Average Hourly Earnings YoY ⑫ 20:30 US April Average Hourly Earnings MoM ⑬ 22:00 US May 1-Year Inflation Rate Expectations (Preliminary) ⑭ 22:00 US May University of Michigan Consumer Sentiment Index (Preliminary) ⑮ 22:00 US March Wholesale Sales (MoM) ⑯ 01:00 (Next Day) US Total Oil Rig Count for the Week Ending May 8

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2026-05-07

China passenger new-energy vehicle wholesale sales are estimated at 1.22 million units in April, up 7% from a year earlier and 7% from March, according to preliminary data from the China Passenger Car Association, extending both year-on-year and mont

China passenger new-energy vehicle wholesale sales are estimated at 1.22 million units in April, up 7% from a year earlier and 7% from March, according to preliminary data from the China Passenger Car Association, extending both year-on-year and month-on-month gains. The CPCA said higher oil prices accelerated the shift from gasoline vehicles to EVs in both domestic and overseas markets, while optimized production schedules helped lift April sales growth to a record 7% month-on-month increase for the period. The association also cited stronger demand driven by the Beijing auto show, new and facelifted model launches, and rising EV travel demand ahead of the May Day holiday. The group added that overseas demand for Chinese NEVs remained strong amid elevated fuel prices, with Chinese brands benefiting from leading product competitiveness and pricing advantages that continued to support export growth.
2026-05-07

Hong Kong-listed stocks related to new consumer concepts continued to rise in the afternoon, with Pop Mart (09992.HK) surging over 6% at one point, while Bruco (00325.HK) and Mingming Very Busy (01768.HK) rose over 4%, and Laopu Gold (06181.HK) and M

Hong Kong-listed stocks related to new consumer concepts continued to rise in the afternoon, with Pop Mart (09992.HK) surging over 6% at one point, while Bruco (00325.HK) and Mingming Very Busy (01768.HK) rose over 4%, and Laopu Gold (06181.HK) and Mao Geping (01318.HK) rose over 3%. This surge was fueled by news that renowned investor Duan Yongping posted on social media that he had switched all his coal stocks, including China Shenhua, to Pop Mart.
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