European stocks look set to open on a tepid note Tuesday as investors await cues from earnings and key inflation readings.
Asian markets declined, oil prices fell nearly 2 percent and U.S. stock futures traded lower, while the dollar and sovereign bonds rose as the COVID-19 pandemic shows another sign of resurgence.
Adding to jitters, Hong Kong authorities said they would implement an electronic health code system to restrict movements of people infected with COVID-19, as well as overseas arrivals, a system similar to what's already in place in mainland China.
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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.