Asian stocks ended broadly higher on Monday despite hawkish comments from ECB and Fed officials and rising geopolitical tensions after North Korea launched two ballistic missiles into waters off the east coast of the Korean Peninsula early in the day.
Amid worries that more interest-rate hikes will depress economic activity, investors awaited minutes from the U.S. Federal Open Market Committee (FOMC) this week for fresh insights into Fed officials' thinking on the pace of rate increases.
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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.