The Taiwan stock market has alternated between positive and negative finishes since the end of the three-day winning streak in which it had picked up more than 200 points or 2 percent. The Taiwan Stock Exchange now rests just beneath the 9,785-point plateau although it's likely to see renewed consolidation on Thursday.
The global forecast for the Asian markets is negative after the FOMC hiked interest rates and hinted at more next year. The European markets were up and the Asian bourses were down and the Asian markets are expected to follow the latter lead.
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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.