European stocks are seen opening on a subdued note Thursday amid jitters over inflation and interest rate hikes.
Investors may assess risks to inflation from rising oi prices, with crude oil breaching the $90 per barrel mark after oil producing countries agreed to extend supply cut till December this year.
The dollar hit a six-month high as stronger-than-expected U.S. services sector data fueled concerns that U.S. interest rates may stay higher for longer.
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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.