European stocks are likely to open on a firm note Wednesday, even as a cautious undertone may prevail amid lingering worries over the Russia-Ukraine conflict and uncertainty over the Fed's rate hike path.
Investors also remain apprehensive about the economic and corporate earnings outlook.
After Ukraine claimed that about 400 Russian soldiers were killed in an attack on military quarters in Makiivka on Sunday, Russia acknowledged its worst military losses since the war in Ukraine began.
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Market Analysis
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.