More of the same is the forecast for the Asian stock markets on Tuesday in what could be a quiet session that is devoid of leads from Wall Street, which was closed in observance of President's Day.
After posting mostly solid gains on Monday, the Asian markets get a positive lead from Europe and are expected to continue to trend to the upside, although profit taking may pare the upside later in the session.
The European markets were broadly higher on Monday with Germany's DAX rising 1.46 percent, while the CAC in France jumped 0.96 percent, Sweden climbed 0.99 percent, London's FTSE collected 0.68 percent and the Swiss market was barely in the green, up 0.08 percent.
The Asian stock markets were mostly higher on Monday, fueled by the 1.39 percent jump in Australia. Japan's Nikkei was up 1.08 percent, while New Zealand climbed 0.81 percent, Taiwan collected 0.77 percent, Singapore's Straits Times gathered 0.69 percent, Thailand was up 0.53 percent, China's Shanghai Composite was up 0.27 percent, Malaysia rose 0.22 percent, Indonesia added 0.09 percent and South Korea's KOSPI ticked higher by 0.07 percent. Only Hong Kong's Hang Seng Index finished lower, down 0.31 percent. India was closed for Mahasivarathri Day.
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Market Analysis
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.