A government shutdown-delayed report released by the Commerce Department on Wednesday showed new orders for U.S. manufactured goods rose by much less than anticipated in the month of December.The Commerce Department said factory orders inched up by 0.1 percent in December after falling by a revised 0.5 percent in November.Economists had expected orders to climb by 0.5 percent compared to the 0.6 p...
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Forex 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.