Asian stocks ended mixed on Thursday, with the spotlight firmly on a high-stakes summit between U.S. President Donald Trump and Chinese President Xi Jinping in Beijing.Based on Xi Jinping's readout of the meeting, the two leaders agreed to develop a "constructive China-U.S. relationship of strategic stability" led by cooperation and "measured competition."The dollar held firm in Asian trading, tra...
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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.