European stocks declined on Tuesday along with U.S. equity futures amid concerns about U.S. rates staying higher for longer.The dollar retained its strength as investors awaited minutes of the Fed's latest policy meeting due to be released on Wednesday for additional cues on the rate outlook. Geopolitical tensions also remained on investors' radar on the eve of U.S. President Joe Biden's trip to K...
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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.