Typo in headlineGermany's exports declined for the second straight month in May due to the sharp fall in demand from the US amid tariff threats, data from Destatis revealed on Tuesday.Exports decreased by more-than-expected 1.4 percent on a monthly basis in May, following April's 1.6 percent fall. Economists had forecast a 0.2 percent drop.Imports slid 3.8 percent from last month, in contrast to t...
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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.