Monetary policy announcements from the European Central Bank and the Bank of England are the major events due on Thursday, headlining a busy day for the European economic news. Both the euro area and UK central banks are set to hike the benchmark rates by 50 basis points, bigger than the US Federal Reserve's quarter point hike on Wednesday.At 2.00 am ET, Destatis is scheduled to issue Germany's fo...
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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.