Asian stock markets are trading mostly higher on Monday, following the mixed cues from global markets on Friday, as traders seem reluctant to make significant moves ahead of the US Fed's highly anticipated monetary policy meeting this week. With the Fed widely expected to raise interest rates by another 25 basis point, traders are likely to pay close attention to the accompanying statement for clues about the outlook for rates. Asian markets closed mostly lower on Friday.
Traders also looked ahead to central bank meetings in Europe and Japan this week for further clues on the rate outlook.
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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.