Real-time News

Goldman Sachs: It expects U.S. data center power demand to increase from 31 gigawatts in 2025 to 41/66 gigawatts in 2026/2027, assuming a capacity utilization rate of 70%.

Goldman Sachs: U.S. data center capacity will more than double between the end of 2025 and the end of 2027, reaching 95 gigawatts by the end of 2027.

Novo Nordisk: First-quarter sales of its star weight-loss drug Wegovy reached DKK 18.235 billion, compared with market expectations of DKK 17.396 billion.

BMW Group: First-quarter revenue was €31 billion, compared to the company's expected €32.2 billion; first-quarter pre-tax profit was €2.3 billion, compared to the company's expected €2.2 billion.

BMW Group: First quarter automotive segment EBIT margin was 5.0%, compared to the company’s forecast of 4.7%.

May 6th – The 2026 Global Digital Cooperation and Exchange Conference and Global Data Week opened in Shanghai on May 6th. It was announced at the conference that, under the guidance of the National Data Administration, Shanghai, as one of the first pilot cities for international cooperation in the data field, has officially launched the Shanghai Comprehensive Pilot Program for International Cooperation in the National Data Field. Shanghai will implement the pilot requirements, promoting the development of high-level international data cooperation demonstration zones in areas such as Lingang, Pudong, and Hongqiao. Simultaneously, it will cultivate digital overseas service clusters in areas such as fintech, digital technology, digital content, and data compliance, combining regional industrial characteristics.

Futures Market News, May 6th: 1. WTI crude oil futures trading volume was 940,900 lots, a decrease of 403,324 lots from the previous trading day. Open interest was 2,068,446 lots, an increase of 19,035 lots from the previous trading day. 2. Brent crude oil futures trading volume was 164,384 lots, a decrease of 75,211 lots from the previous trading day. Open interest was 231,581 lots, a decrease of 195 lots from the previous trading day. 3. Natural gas futures trading volume was 301,360 lots, a decrease of 25,743 lots from the previous trading day. Open interest was 1,628,701 lots, a decrease of 1,493 lots from the previous trading day.

On May 6th, SEI analyst Jim Smigel stated in a report that given the Federal Reserve's dual mandate of supporting full employment and price stability, a direct interest rate hike is unlikely, as it would have potential negative impacts on the economy and even the labor market. Other global central banks (such as the European Central Bank) are not formally assigned a dual mandate, and therefore are more likely to focus heavily on price stability, making rate hikes more probable in these regions. However, global central banks are expected to follow the Fed's lead to some extent, as a significant deviation from the Fed's interest rate path could destabilize foreign exchange rates and capital markets in other regions.

On May 6th, ING analysis indicated that the Reserve Bank of Australia's (RBA) decision on Tuesday to raise the cash rate by 25 basis points to 4.35% by an 8-1 vote was more decisive than the divided decision at the previous meeting. The RBA lowered its 2026 GDP growth forecast by 0.5 percentage points to 1.3% and stated that the unemployment rate is expected to rise to 4.6% by the end of 2027. The revised average CPI forecast for mid-2026 was only slightly revised upward by 0.1 percentage points to 3.8%, with overall CPI still expected to peak at 4.8% in mid-2026 and not return to the target level until mid-2028. The RBA's communication suggests that the cash rate is at, but close to, the upper end of the model-based neutral rate range, and policy is currently seen as restrictive. It is expected that the RBA will hold rates steady in June unless inflation data significantly exceeds expectations. The report stated that the decline in the Australian dollar after the decision was seen as a short-term phenomenon, and the RBA has delivered on its hawkish stance and is prepared to take further action if necessary.

An advisor to the Ukrainian Interior Minister, Zakharova, reiterated Russia's willingness to negotiate. However, she stated that these negotiations must aim for the outcome Russia outlines—namely, Ukraine's defeat. This is empty talk; clearly, Russia has not taken any genuine peace steps.

Cuban Foreign Minister: Rubio is very clear that it was he who advised Trump to impose the criminal oil blockade on the Cuban people.

Cuban Foreign Minister: Hours ago, the US Secretary of State stated that there was no oil embargo against Cuba. He chose to lie, contradicting the President and the White House spokesperson.

On May 6, the Iranian Foreign Ministry issued a statement: We condemn the UAE's collusion with the United States and other hostile forces against Iran, including its continued provision of facilities for its military bases and equipment. We warn of the dangerous consequences this situation poses to regional peace and security. In the past two days, as provocative actions by US terrorist military personnel in violation of international law have escalated in the region, and as they conduct maritime operations under the guise of deceptive "humanitarian" pretexts, the Abu Dhabi authorities have also taken actions that violate the principles of good neighborliness and the fundamental principles of the UN Charter, clearly cooperating with the aggressor, the United States, threatening Iran's national security and interests. Nevertheless, Iran, in gratitude to the UAE, refrains from continuing to collude with hostile parties (the United States and the Zionist regime) in actions against Iran that violate international law. Iran will take all necessary and appropriate measures to defend its national interests and security. We deny Abu Dhabi's erroneous accusations that Iran launched missiles and drones at the UAE, and clearly state that at this stage, the defensive actions of the Islamic Republic of Iran Armed Forces are limited to repelling the malicious actions of the United States.

A research report released by Goldman Sachs on May 6th indicates that global oil inventories are nearing their lowest levels in eight years. The uneven pace of inventory declines and regional imbalances are raising concerns that some regions may experience supply shortages of refined products first. The report estimates that global oil inventories, including onshore and offshore crude oil reserves and refined product inventories, currently meet 101 days of demand, but may only meet 98 days of demand by the end of May. Regarding refined products, global inventories, which could meet 50 days of demand before the outbreak of conflict in the Middle East, currently only meet 45 days of demand.

Iran's Foreign Ministry: We condemn the UAE's collusion with the United States and other hostile forces against Iran, including its continued provision of facilities for its military bases and equipment. We warn of the dangerous consequences this situation poses for regional peace and security.

May 6th - The railway's May Day holiday transport season, which began on April 29th, concluded today. According to the China State Railway Group, the eight-day national railway May Day holiday transport period saw approximately 158 million passenger trips, with several indicators setting new records. This year's May Day holiday coincided with the spring break for primary and secondary school students across the country, resulting in strong demand for travel, family visits, and leisure activities. Railway passenger traffic remained high, with long-distance travel dominating at the beginning and end of the holiday and short-distance travel dominating in the middle.

On May 6th, the State Administration of Radio and Television (SART) convened a mobilization meeting to address the issue of copyright infringement in the dissemination of television dramas. The meeting pointed out that copyright infringement in the dissemination of television dramas (including online dramas) seriously harms the legitimate rights and interests of producers and broadcasters, and undermines the healthy and sustainable development of the radio and television industry. SART, based on its industry management responsibilities, will work with the National Copyright Administration and other relevant regulatory departments to strengthen the primary responsibility of online platforms and focus on addressing the problem of copyright infringement of television dramas on illegal websites, browsers, search engines, and cloud storage services.

On May 6th, at the 2026 Global Digital Cooperation Exchange Conference and Global Data Week, which opened in Shanghai, it was learned that under the guidance of the National Data Administration, Shanghai, as one of the first pilot cities for international cooperation in the data field, officially launched the Shanghai Comprehensive Pilot Program for International Cooperation in the National Data Field. This pilot program focuses on six major areas and 17 specific tasks, aiming towards 2030. Shanghai is committed to building a new international data cooperation system characterized by leading infrastructure, mutual recognition of rules, empowering platforms, and integrated scenarios. It closely adheres to releasing the value of data, promoting the digital economy, and advancing digital export services, creating a working pattern of "a new high-standard cross-border data foundation, a new high-quality system of mutual recognition of rules, a new high-level international cooperation platform, and a new highly collaborative export service ecosystem," exploring innovations for participating in global digital governance and promoting the convenient cross-border flow of data.

May 6th, Futures News: Economies.com analysts' latest view: Brent crude oil futures have continued to fall sharply in recent intraday trading, breaking below the short-term minor upward trend line. Although it has reached oversold levels, it may still fall further in the near term and may rebound with support at the 50-day moving average, thereby curbing the decline and potentially experiencing some upward rebound to recover some of the previous losses.