The French stock market's benchmark index CAC 40 climbed higher on Thursday, recovering from previous session's losses, with investors looking ahead to the European Central Bank's policy announcement due later in the day.
The ECB is widely expected to announce a 25 bps hike in interest rate, the first increase in about three years. The ECB Chief Christine Lagarde's post-meeting press conference is eyed for clues about further policy moves.
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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.