Real-time News

May 6th: Building materials transaction volume was 158,700 tons, an increase of 55.59% compared to the previous trading day. April 30th: Building materials transaction volume was 102,000 tons, a decrease of 20.99% compared to the previous trading day. April 29th: Building materials transaction volume was 129,100 tons, an increase of 11.29% compared to the previous trading day. April 28th: Building materials transaction volume was 116,000 tons, a decrease of 5.77% compared to the previous trading day. April 27th: Building materials transaction volume was 123,100 tons, an increase of 13.77% compared to the previous trading day. Last week's average: Building materials transaction volume was 120,000 tons.

On May 6th, it was reported that during the May Day holiday (May 1st-May 5th), the total number of inter-regional passenger trips in Guangdong Province exceeded 179 million, a year-on-year increase of 9.2%. Specifically, the total number of passenger trips by road was approximately 165.8297 million, with an average daily passenger flow of 33.1659 million, a year-on-year increase of 9.43%. Of these, commercial passenger transport by road reached 10.3502 million, a year-on-year increase of 2.14%; non-commercial passenger trips on expressways and ordinary national and provincial highways reached 155.4794 million, a year-on-year increase of 9.95%. Railway (including provincially operated intercity railways) passenger transport reached 11.257 million, a year-on-year increase of 6.73%. Waterway passenger transport reached 1.0817 million. Of these, the Qiongzhou Strait ferry passenger throughput reached 419,300, and the Pearl River passenger transport reached 128,800. Civil aviation passenger transport reached 1.3264 million.

US President Trump: The White House banquet hall is under rapid construction on the east side of the White House. The only reason for the cost change is that, after in-depth studies, the new banquet hall is approximately twice the size of the original plan and far surpasses it in quality.

On May 6th, Matt Swannell of ITEM Club stated in a report that the rising activity in the UK services sector has exaggerated the actual strength of the UK economy. The UK services PMI rose to 52.7 in April, up from 50.5 the previous month. However, Swannell noted that weak consumer demand, rising inflation, and sluggish business investment against the backdrop of the energy crisis are expected to drag down economic growth from mid-2026. He pointed out that although economic activity has picked up somewhat, new orders have essentially stalled, while cost pressures continue to intensify. "We believe the Bank of England will weigh the accumulating price pressures against an increasingly fragile labor market and will therefore remain in a wait-and-see mode," Swannell said. He added that market risks are tilting towards a Bank of England rate hike this summer due to persistently high labor costs.

White House National Economic Council Director Hassett: Full-year GDP growth is projected at 4%.

White House National Economic Council Director Hassett: People who are not involved in private lending need not worry.

White House National Economic Council Director Hassett: The Mythos model reveals vulnerabilities we previously overlooked.

Greek Finance Minister: Greece will repay the first tranche of its €6.9 billion bailout loan ahead of schedule in June.

White House National Economic Council Director Hassett: We are not threatening the independence of the Federal Reserve.

White House National Economic Council Director Hassett: Questions regarding Federal Reserve Chairman Powell remain uncertain.

Saudi Aramco has partnered with STC to invest 1.4 billion riyals in a supercomputer project.

Chart: European market data for May 6, 2026 (Wednesday)

Mizuho Bank raised its price target for Western Digital (WDC.O) from $470 to $550. It also raised its price target for SanDisk (SNDK.O) from $1,220 to $1,625.

The MBA 30-year fixed mortgage rate in the U.S. for the week ending May 1 was 6.45%, compared to 6.37% previously.

The MBA mortgage application activity index in the United States for the week ending May 1 was 285.3, compared with 298.5 in the previous week.

The MBA Mortgage Refinancing Activity Index for the week ending May 1 was 928.6, compared to 977.9 in the previous week.

The MBA Mortgage Purchase Index for the week ending May 1 was 171.1, compared to 177.7 previously.

The yield on U.S. 2-7 year Treasury bonds fell 10 basis points on the day.

On May 6, Wang Huning, a member of the Standing Committee of the Political Bureau of the CPC Central Committee and Chairman of the National Committee of the Chinese People's Political Consultative Conference (CPPCC), met with Bangladeshi Foreign Minister Khalid al-Khalil in Beijing. Wang stated that China will continue to develop friendly relations with Bangladesh on the basis of the Five Principles of Peaceful Coexistence, strengthen high-level exchanges, firmly support each other, deepen cooperation in various fields, and promote the China-Bangladesh comprehensive strategic cooperative partnership to a deeper and more practical level, better benefiting the people of both countries. The CPPCC is willing to make positive contributions to this end.