European stocks are likely to open lower on Tuesday as inflation and rate-hike concerns dominate headlines.
Doubts about whether the Bank of England will raise interest rates in December and concerns over the spread of Covid-19 in Europe may also weigh on sentiment ahead of the U.S. and Eurozone manufacturing and service data due out later in the day. Further, the Fed minutes from its latest meeting, U.S. GDP and initial jobless claims data will be released on Wednesday ahead of Thursday's Thanksgiving holiday.
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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.