Indian shares plunged on Monday as investors confronted with surging crude prices and a record-low rupee.
The dollar rose, benchmark Brent crude futures jumped more than 2 percent and U.S. Treasury yields hit an eight-month high after Washington and Tehran threatened to escalate hostilities.
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Market Analysis
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.