German stocks edged lower on Friday as stronger-than-expected U.S. inflation data revived bets for one more U.S. rate hike this year. Also, China's consumer prices faltered in September and factory-gate prices shrank slightly faster than expected - fanning concerns about persistent deflationary pressures in the world's second-largest economy.
Escalating tensions in the Middle East also weighed on sentiment. Ahead of an expected ground invasion against the ruling Hamas militant group, Israel's military told some 1 million Palestinians living in Gaza to evacuate the north, according to the United Nations.
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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.