European stocks are seen opening on a cautious note Friday after technology shares led Wall Street benchmarks lower overnight. A cautious undertone may prevail as investors weigh the implications of higher interest rates, surging coronavirus cases and heightened tensions between the U.S. and China. As inflation worries mount, the Bank of Japan said today it would reduce some of its pandemic suppor...
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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.