European stock markets are expected to open on a positive note on Monday amidst an improved risk-on sentiment globally. Markets are expected to price in the anticipated decline in consumer price inflation in the U.S. in August to 8.1 percent, from 8.5 percent in the month of July, rejuvenating hopes of a pause in aggressive central bank monetary policy action. The CPI readings are due on Tuesday.
On Friday, European markets had finished with strong gains led by the pan-European Stoxx 600 which had rallied 1.52 percent. Germany's DAX had added 1.43 percent whereas France's CAC 40 had gained 1.41 percent. U.K.'s FTSE 100 had strengthened 1.23 percent while Switzerland's SMI had improved 1.02 percent.
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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.