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Key Economic Data and Events to Watch Today: Thursday, May 7, 2026 ① TBD: China's April Foreign Exchange Reserves ② 01:00: Fed's Goolsby attends meeting ③ 14:45: France's March Trade Balance ④ 15:00: Switzerland's April Seasonally Adjusted Unempl

2026-05-07

Key Economic Data and Events to Watch Today: Thursday, May 7, 2026 ① TBD: China's April Foreign Exchange Reserves ② 01:00: Fed's Goolsby attends meeting ③ 14:45: France's March Trade Balance ④ 15:00: Switzerland's April Seasonally Adjusted Unemployment Rate ⑤ 17:00: Eurozone's March Retail Sales (MoM) ⑥ 19:30: US April Challenger Job Cuts ⑦ 20:30: US Initial Jobless Claims for the Week Ending May 2 ⑧ 22:00: US March Construction Spending (MoM) ⑨ 22:30: US EIA Natural Gas Storage for the Week Ending May 1 ⑩ 23:00: US April New York Fed 1-Year Inflation Expectations ⑪ 01:00 (Next Day): Fed's Kashkari speaks ⑫ 02:05 (Next Day): Fed's Hammark speaks ⑬ 03:30 (Next Day): Fed's Williams speaks

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2026-05-06

The Institute of International Finance (IIF) reports that the global debt-to-GDP ratio remains relatively stable at around 305%.

The Institute of International Finance (IIF) reports that the global debt-to-GDP ratio remains relatively stable at around 305%.
2026-05-06

China’s state-backed China Integrated Circuit Industry Investment Fund, known as the “Big Fund,” is in talks to lead DeepSeek’s first fundraising round at a valuation of about $45 billion, with investors including Tencent also in discussions, though

China’s state-backed China Integrated Circuit Industry Investment Fund, known as the “Big Fund,” is in talks to lead DeepSeek’s first fundraising round at a valuation of about $45 billion, with investors including Tencent also in discussions, though the lineup is not finalized. Founder Liang Wenfeng, who controls about 89.5% of the company, may also invest personally, and while the initial goal was a smaller raise to support employee retention via stock options, the higher valuation could lead to a larger funding round to expand computing capacity.
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