Asian stock markets are trading mostly lower on Tuesday, following the broadly negative cues from European markets overnight, as the US dollar strengthens against most currencies in the region. Traders also cautiously await the first monetary policy decisions of the year from major global central banks. Asian markets closed mixed on Monday.
Adding to the slight losses in the previous two sessions, the Australian stock market is sharply lower on Tuesday, following the broadly negative cues from European markets overnight. The benchmark S&P/ASX 200 is falling to near the 7,400 level, with losses across most sectors led by mining and energy stocks.
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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.