The China stock market has alternated between positive and negative finishes through the last four trading days since the end of the two-day slide in which it had dropped more than 55 points or 1.5 percent. The Shanghai Composite Index now rests just above the 3,850-point plateau although it's likely to open in the red on Friday.
The global forecast for the Asian markets is soft ahead of the release of key inflation data from the United States. The European and U.S. markets were down and the Asian bourses are expected to open in similar fashion.
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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.