The Hong Kong stock market on Thursday snapped the two-day winning streak in which it had soared more than 600 points or 2.3 percent. The Hang Seng Index now rests just above the 26,755-point plateau although it's expected to recover on Friday.
The global forecast for the Asian markets is firm on renewed optimism about and end to the trade dispute between the United States and China. The European markets were down and the U.S. bourses were up and the Asian markets figure to follow the latter lead.
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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.