Asian stocks rose on Monday amid bets that global central banks will start cutting interest rates next year to support an uneven economic recovery.The upside, however, remained capped ahead of key quarterly earnings from NVIDIA Corp. and the release of the Federal Reserve's minutes from its November meeting this week.The dollar held below over two-month lows and gold was unchanged, while oil exten...
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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.