European stocks are likely to open on a cautious note Monday as investors await a slew of central bank meetings this week for additional cues on the pace of rate rises.
The U.S. Federal Reserve is all set to raise rates by 50 basis (bps) points on Wednesday after lifting rates by 75 bps in each of the last four meetings held between May and November 2022.
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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.