Sentiment across European markets is seen weak on Tuesday ahead of looming central bank decisions. Hawkish commentary from ECB officials and further uptick in crude oil prices is seen dragging equity indexes lower ahead of the interest rate decisions by the Federal Reserve, Bank of England, Bank of Japan as well as the Peoples Bank of China.
Wall Street had rebounded on Monday, closing the day's trade with mild gains amidst overwhelming hopes of a pause in the Fed's review due on Wednesday. Nasdaq Composite edged up 0.01 percent to close at 13,710.24 whereas the Dow Jones Industrial Average edged up 0.02 percent to finish trading at 34,624.30.
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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.