European stocks traded lower on Thursday amid persistent fears of higher U.S. interest rates and concerns over China's beleaguered property market.
Spanish inflation accelerated for a second straight month in September due mainly to higher electricity and fuel prices, preliminary data showed earlier in the day. German inflation data is awaited later in the day.
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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.