German stocks drifted lower Tuesday morning as worries about inflation resurfaced after oil prices climbed up amid concerns about the conflict in the Middle East despite U.S. President Donald Trump's decision to postpone potential strikes on Iran's energy infrastructure for five days.
A survey showing a sharp drop in Eurozone private sector growth in the month of March hurt as well.
However, with stocks finding some support at lower levels, the market pared early losses and moved above the flat line around late morning.
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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.