As the coronavirus outbreak intensified, the euro area private sector logged the sharpest decline on record in March, far exceeding the weakness seen at the height of the global financial crisis, survey results from IHS Markit showed Tuesday. The flash composite output index fell to 31.4 in March from 51.6 in February. A score below 50 indicates contraction.This was the largest monthly fall in act...
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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.