Higher Canadian and U.S. futures amid expectations of an interest rate cut by the Federal Reserve in December, point to a slightly positive start on Bay Street Monday morning.Easing concerns about Russia-Ukraine tensions may also help lift sentiment.Commodity prices are a bit subdued, with oil futures edging up slightly and metal prices down in negative territory.With earnings updates from big nam...
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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.