Asian stock markets are trading mostly higher on Monday, following the broadly positive cues from Wall Street on Friday, and as some traders indulged in picking up stocks for a bargain following the recent sell-off in the markets. They also remain cautious amid the lingering concerns about the outlook for interest rates. Asian markets closed mostly lower on Friday.
The Australian stock market is currently trading significantly higher on Monday, recouping some of the losses in the previous four sessions, with the benchmark S&P/ASX 200 moving to near the 7,800.00 level, following the broadly positive cues from Wall Street on Friday, with gains across most sectors led by gold miners, technology and financial stocks.
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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.