European stocks are seen opening lower on Wednesday as investors fret about slowing growth due to the spread of COVID-19 variants and the slow rollout of vaccines.
Asian shares hovered just off six-week highs while the dollar held near a one-week high amid rising U.S. Treasury yields, as investors waited to see whether the European Central Bank will begin to scale back its bond purchase program on Thursday.
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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.