European stocks are seen opening higher on Wednesday as benchmark U.S. Treasury yields eased after a spate of strong auction results and amid speculation that a spike in March U.S. consumer inflation will be a temporary phenomenon. Asian markets advanced as the White House said the U.S. inoculation campaign remains on track despite a pause in Johnson & Johnson doses.The dollar hit three-week lows ...
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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.