European stocks are likely to open a tad lower on Monday as investors await more U.S. economic data and corporate earnings this week for directional cues. U.S. reports on retail sales, industrial production, housing starts and existing home sales due this week will provide further clarity on whether the Federal Reserve can reduce inflation without causing a recession.On the earnings front, Bank of...
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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.