It will be a pivotal week for European markets as the ECB may cut interest rates for the first time in eight years. The EU elections on 6 June will also shape the regional political landscape. Additionally, the US will release its May employment data, a crucial indicator for the Federal Reserve’s upcoming rate decision. EuropeThe ECB is widely expected to initiate a quarter-percentage-point rate cut, bringing the main refinancing rate to 4.25% on Friday. Inflation in the euro area has followed a sustained disinflationary trend. May’s headline CPI is anticipated to reach 2.6%, marking the eight…