Mumbai, June 2 -- Global markets brace for a turbulent week as US-China tensions flare up again. President Trump's renewed tariff threats and claims that China violated a trade pact have unsettled investors. Attention now shifts to the US non-farm payrolls, expected to show the slowest hiring in three months, and ISM PMI reports which may confirm a continued manufacturing slowdown. Several Fed officials are also set to speak, potentially offering clues on future rate moves.
In Europe, the European Central Bank is widely expected to cut interest rates by 25 basis points as inflation cools toward its 2% target. Investors will also monitor key releases including German industrial production, Eurozone retail sales, and unemployment data. The m...