Indian shares are seen opening sharply lower on Monday as investors fret about the spillover effects of elevated energy costs from the Middle East conflict to inflation and global economic growth.
The war between the United States and Iran's regime has entered an unprecedented phase, escalating fears of a wider regional conflict.
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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.