European stocks may open a tad higher on Thursday despite skepticism over the durability of the recent U.S. market rally. Investors will continue to monitor economic data to gauge the potential impact of rising interest rates on growth. Asian markets traded mixed, the dollar clung to gains and gold prices slipped after strong U.S. data released overnight suggested that the Federal Reserve may have...
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Market Analysis
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.