European stocks are likely to open on a tepid note Thursday, as investors react to hawkish Fed minutes and keep a wary eye on the COVID-19 situation in China.
The dollar index traded weak despite the latest Fed minutes indicating officials intend to keep hiking rates in 2023 and would not ease policy until prices are under control.
Gold dipped slightly while oil prices rose over 1 percent after plunging around 9 percent in the previous two sessions on concerns about the demand outlook in the United States and 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.