European stocks may open flat to slightly higher on Friday amid reassurances from the Fed that inflation would not spiral out of control.The dollar edged lower as benchmark 10-year Treasury yields held close to Thursday's two-week trough near 1.6 percent, pressured by fresh dovish comments from Fed Chair Jerome Powell and weaker-than-expected initial weekly jobless claims data released overnight. ...
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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.