The China stock market has finished higher in two straight sessions, gathering more than 15 points or 0.6 percent along the way. The Shanghai Composite Index now rests just above the 2,600-point plateau and it's tipped to open in the green again on Thursday.
The global forecast for the Asian markets is firm on renewed optimism regarding a trade deal between the United States and China. The European and U.S. markets were up and the Asian markets are tipped to follow suit.
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Market Analysis
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.