Waning excitement over rate cuts, uncertainty about key labor market updates from the U.S. as well as the weak trend in Wall Street are seen keeping market sentiment subdued at the European bourses on Tuesday.
In major economic data releases, markets anticipate the ISM Services PMI and JOLTs Job Openings data from the U.S. as well as the third quarter GDP reading from Australia. No major data releases are due from Europe.
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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.