Markets in Europe are seen opening on a cautious note on Thursday, ahead of key central bank reviews and major economic data releases. Interest rate decisions by Bank of England, European Central Bank and Swiss National Bank are due on Thursday.
Sentiment would also be shaped by Wednesday's FOMC outcome. Though the Fed acted on expected lines to hike interest rates by 50 basis points, the accompanying guidance and commentary was more hawkish than feared, with peak rates raised to 5.1 percent, from 4.6 percent earlier.
For comments and feedback contact: editorial@rttnews.com
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.