German stocks moved higher on Thursday with investors focusing on the two-day summit in Beijing where U.S. President Donald Trump and Chinese President Xi Jinping are set to discuss various issues, including trade, security and try to strengthen economic cooperation.
Trump, who has already held his first bilateral meeting with Xi, reportedly told the Chinese Prime Minister today that the relationship between the two countries will be "better than ever before."
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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.