Fresh manufacturing data signaled early stabilization across major global economies as production levels improved on the back of normalized supply chains and steady export activity. European survey responses pointed to modest expansion, while Asia recorded sustained demand in electronics and intermediate goods. US factory indicators showed incremental gains driven by new orders. Economists cautioned that recovery trends remain uneven, but several early-cycle indicators reflect improving resilience. 

Policy watchers believe central bank commentary this week will shape near-term confidence levels.