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European Commentary

Major European Markets Pare Early Losses, Settle On Mixed Note

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us

After staying well below the flat line till about an hour past noon on Monday, European stocks recovered some lost ground after Iran announced the end of its military operation against Israel, raising hopes of a potential de-escalation in the wider U.S.-Iran war.

Higher bond yields and oil prices, and fears of rate hikes by the Federal Reserve after last week's upbeat jobs data weighed on sentiment early on in the session. Though the major markets managed to pare most of their early losses, other markets in the region mostly ended on a weak note.

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Market Analysis

Global Economics Weekly Update - Jun 01 - Jun 05, 2026

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.

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