European stocks may open on a steady note Thursday despite lingering worries about a financial crisis, with focus shifting from the United States to Europe.
As recession worries mount, investors are now expecting a dramatic easing of policy from the world's central banks.
The European Central Bank (ECB) meets later today, and it is likely that the central bank will not follow through with its pre-commitment of a 50-basis-point hike because of concerns about the health of Europe's banks.
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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.