European stocks may struggle for direction on Thursday amid signs that the U.S. economy is slowing. Trading volumes are likely to remain thin heading into Easter weekend. The U.S. economic calendar remains light today, with a report on weekly jobless claims likely to attract attention. The latest round of nonfarm payrolls will be published tomorrow despite the Good Friday holiday. Industrial produ...
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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.