May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.
June 03, 2026 02:59 ETIndia's services activity expanded at the fastest pace in six months, underpinned by continued growth in new business amid cooling inflationary pressures. The seasonally adjusted HSBC India Services PMI climbed to 59.8 in May from 58.8 in April. The flash score was 58.9. The survey highlighted that output growth in May was boosted by healthy demand conditions and new client wins.
June 02, 2026 23:01 ETAsian stock markets are trading mixed on Wednesday, following the broadly positive cues from Wall Street overnight, as uncertainty about the situation in the Middle East and the opening of the Strait of Hormuz is keeping some traders on the sidelines. Meanwhile, optimism about the AI trade continues to generate positive sentiment. Asian markets closed mixed on Tuesday.
June 02, 2026 14:41 ETCrude oil prices have soared on Tuesday, extending the gains from yesterday's session as signing of the U.S.-Iran Memorandum of Understanding to discuss ways to end the gulf crisis gets delayed. In addition, global energy watchdog warned of accelerating crude oil inventory depletion.
June 02, 2026 08:17 ETThe Bitcoin-led decline in cryptocurrencies deepened further on Tuesday as markets digested the sale of Bitcoins by Bitcoin champion Michael Saylor's Strategy Inc.