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The Philadelphia Fed Manufacturing New Orders Index for April was 33, down from 8.6 in the previous month.

2026-04-16

The Philadelphia Fed Manufacturing New Orders Index for April was 33, down from 8.6 in the previous month.

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2026-04-16

1. National Bureau of Statistics: March output of new energy vehicles by enterprises above designated size reached 1.336 million units, a year-on-year increase of 1.2%. 2. Ministry of Commerce data: Since the beginning of this year, over 1.67 millio

1. National Bureau of Statistics: March output of new energy vehicles by enterprises above designated size reached 1.336 million units, a year-on-year increase of 1.2%. 2. Ministry of Commerce data: Since the beginning of this year, over 1.67 million vehicles have been traded in for new cars, driving new car sales exceeding 269.44 billion yuan. 3. Infineon: Localized mass production of some power devices will be brought forward to 2026. 4. US Treasury Secretary: Optimistic about summer gasoline prices falling to $3/gallon. 5. Ministry of Industry and Information Technology publicly solicits opinions on two mandatory national standards, including "Safety Requirements for Intelligent Connected Vehicle Combined Driving Assistance Systems". 6. Li Chenggang meets with John K., Executive Vice President and Chief Political Officer of Ford Motor Company. 7. CITIC Securities: Passenger vehicle exports continue to exceed expectations; actively investing in high-growth sectors. 8. Citigroup: CATL's first-quarter net profit slightly exceeded market expectations; maintains CATL as its top pick. 9. He Xiaopeng reiterated "skipping L3": The safest path is to go directly from L2 to L4. 10. Guangzhou: Striving to be the first to achieve a breakthrough of 10,000 fuel cell vehicles in promotion. 11. China Passenger Car Association: From April 1st to 12th, the national passenger car market retail sales reached 377,000 units, a year-on-year decrease of 20%.
2026-04-16

The Australian dollar rose to 0.7193 against the US dollar, a four-year high.

The Australian dollar rose to 0.7193 against the US dollar, a four-year high.
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