Next week's important events and data announcements - US CPI, Federal Reserve meeting, as well as heavyweight financial reports from Tencent, Jingdong, and Alibaba.

Monday: 1. Data: Japan's March trade balance; China's April total electricity consumption; China's April M2 money supply growth rate; 2. Events: Federal Reserve Board member Quarles and others will give speeches; Chinese Vice Premier He Lifeng will visit Switzerland from May 9th to 12th, holding talks with Swiss leaders and relevant parties. During the visit to Switzerland, Vice Premier He Lifeng, as the Chinese lead for the China-U.S. economic and trade consultations, will hold talks with the U.S. lead, U.S. Treasury Secretary Steven Mnuchin. Tuesday: 1. Data: U.S. NFIB Small Business Confidence Index for April; U.S. CPI data for April; 2. Events: Bank of Japan to publish summary of April monetary policy meeting deliberations; State Council Information Office holds press conference on "Taking the special, refined, new path to enhance and strengthen advanced manufacturing"; Bank of England Governor Bailey gives speech; U.S. President Trump visits Saudi Arabia, Qatar, and the UAE from May 13th to 16th; 3. Earnings reports: JD.com, JD Logistics, Tencent Music, etc. Wednesday: 1. Data: U.S. API crude oil inventories for the week; U.S. EIA crude oil inventories for the week; 2. Events: OPEC publishes monthly oil market report; 3. Earnings reports: Tencent Holdings, Cisco, etc. Thursday: 1. Data: Eurozone industrial production for March; U.S. initial jobless claims for the week; U.S. retail sales for April; U.S. PPI data for April; U.S. New York Fed manufacturing index for May; U.S. Philadelphia Fed manufacturing index for May; U.S. industrial production for April; U.S. NAHB housing market index for May; U.S. business inventories for March; U.S. EIA natural gas inventories for the week; 2. Events: 2027 FOMC voters and San Francisco Fed President Daly participate in a fireside chat; Fed Chair Powell gives opening remarks at an event; Fed hosts second annual Thomas Laubach Research conference focusing on monetary policy and economic research, providing an academic perspective on the Fed's commitment to a monetary policy framework review every five years, until the 16th; Earnings reports: NetEase, Alibaba, Geely Auto, Beike, Walmart, etc. Friday: 1. Data: U.S. April housing starts total annualized; U.S. April total building permits; U.S. April import price index; U.S. May preliminary one-year inflation rate expectations; U.S. May University of Michigan consumer confidence index preliminary values; 2. Events: Hang Seng Index Company announces results of the review of the Hang Seng Index Series for the first quarter of 2025. Saturday: 1. Data: U.S. total oil rig count for the week; 2. Events: CFTC releases weekly commitment of traders report; Fed's Barkin and Daly give speeches; Arab League summit held. Sunday: 1. Events: Portugal holds early elections; Poland holds presidential elections; Atlanta Fed hosts financial markets summit until May 22nd.