European stocks inched higher on Thursday as U.S. Treasury yields steadied amid bets that U.S. inflation may have peaked.Investors await the outcome of an ECB policy meeting and President Christine Lagarde's press conference later in the day for cues on the path of monetary policy. No change in interest rates is expected despite surging inflation.The central bank is set to unveil the outcome of it...
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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.