European stocks are likely to open higher on Friday as Treasury yields stalled and the dollar came off 10-month highs, giving comfort to investors who were concerned about inflation and a potential U.S. government shutdown.
Federal Reserve Bank of Richmond President Thomas Barkin said on Thursday that there are various possible outcomes facing the economy and it's too soon to know if another interest-rate increase will be needed in coming months.
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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.