European stocks were mixed on Wednesday amid worries over the U.S. debt ceiling and the potential for a catastrophic debt default. Hawkish comments from a slew of Federal Reserve officials and growing concerns over China's economic recovery also dented sentiment.In economic releases, Eurozone inflation accelerated to 7.0 percent in April from 6.9 percent a month earlier, as rising services and ene...
For comments and feedback contact: editorial@rttnews.com
Market Analysis
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.