European stocks are seen opening broadly lower on Friday as traders brace for February's personal consumption expenditures price index due later in the day.
The U.S. Federal Reserve's preferred readings on consumer price inflation are included in a report on personal income and spending,
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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.