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European Shares Poised For Mixed Open; US Inflation Data Eyed

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News

European stocks are seen opening on a mixed note Friday, after having touched three-week lows in the previous session on worries about the outlook for rates and growth. Accenture has warned of weaker revenue growth and launched sweeping cost-cuts, reflecting sluggish corporate demand for consulting projects.U.S. President Donald Trump has announced a new round of punishing tariffs on pharma produc...

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Business News

Global Economics Weekly Update - May 04 – May 08, 2026

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.

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