European stocks look set to open a tad higher on Monday after Fed Chair Jerome Powell didn't give a specific timeline for scaling back stimulus.
Traders await the all-important U.S. employment report this week to assess whether the economic recovery merits an earlier tapering.
Meanwhile, in the latest developments following crackdown on private industries, China has kicked off a two-month campaign to crack down on commercial platforms and social media accounts that post finance-related information deemed economically harmful.
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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.