Asian stock markets are trading lower on Monday, following the broadly negative cues from global markets on Friday, as traders remain cautious and assess the impact of the crisis in the global banking sector, even as failing financial institutions secure a lifeline from peer institutions and central banks to avoid a global meltdown. Asian markets closed mostly higher Friday.
Traders also looked ahead to Wednesday's US Federal Reserve's monetary policy announcement, expecting the Fed to raise interest rate by 25 basis points. CME Group's FedWatch tool currently indicates a 43.2 percent chance the Fed will leave rates unchanged and a 56.8 percent chance of a 25 basis point rate hike.
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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.