The China stock market on Thursday snapped the two-day slide in which it had eased just 3 points or 0.1 percent. The Shanghai Composite Index now sits just beneath the 3,375-point plateau although it figures to head south again on Friday.
The global forecast for the Asian markets suggests mild downside ahead of key inflation data later in the day. The European and U.S. markets saw mild downside and the Asian bourses figure to follow that lead.
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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.