European stocks may open on a positive note on Wednesday, though regional gains are likely to remain capped amid bets that the U.S. Federal Reserve may have to raise interest rates next year.
After U.S. headline inflation came in above market expectations, investors now await the producer price index reading later in the day and retail sales figures on Thursday to evaluate the impact of elevated energy prices on the world's largest economy.
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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.