Asian stock markets are trading mostly lower on Tuesday, following the broadly negative cues from Wall Street overnight, as traders remain concerned aggressive monetary policy moves by central banks across the world could tip the global economy into recession next year. Traders continued to refrain from creating fresh long positions. Asian markets closed mostly lower on Monday.
Amid lingering worries over a possible recession, the uncertainty over China's economic reopening as the country battles a wave of Covid infections is also weighing on the markets.
For comments and feedback contact: editorial@rttnews.com
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.