European stocks are seen opening on a steady note Tuesday as investors prepare for a Congressional testimony from Fed Chair Jerome Powell.
Powell will testify before the Senate Banking Committee today and the House Financial Services Committee on Wednesday.
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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.