European stocks may open higher on Thursday as investors react to positive economic data from China and Japan, and focus on prospects for increased fiscal spending in the United States.China's exports grew more than expected in December and import growth quickened, customs data showed today, adding to expectations of a reviving global economy. Exports rose an annual 18.1 per cent in December, beat...
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Business News
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.