The French market is moderately higher in afternoon trading Tuesday, on optimism that the Greek parliament will pass the austerity measures. Most major Asian markets managed to close in positive territory, while U.S. index futures are cautious ahead of the release of consumer confidence figures.
The Euro Stoxx 50 index of eurozone bluechip stocks is losing 0.02 percent, while the Stoxx Europe 50 index, which includes some major U.K. companies, is adding 0.05 percent.
The CAC 40 index opened at 3,811, compared to the previous close of 3,797. Despite volatile trading, the index managed to remain in the green, and is currently adding 0.59 percent.
Hotel group Accor is adding 2.7 percent and Alcatel Lucent is rising 2.4 percent.
Lenders Credit Agricole, Societe Generale and BNP Paribas are adding between 2.6 percent and 0.9 percent.
Carrefour is rising about 2 percent. The retailer received a proposal from Brazil's Gama to form a strategic partnership that would combine the assets of Carrefour and those of Grupo Pão de Açúcar in an equally-owned joint venture.
Barclays raised its price target on Air France-KLM to 16 euros from 15.50 euros. The stock is up 1 percent.
Alstom is falling 1.7 percent and Schneider Electric is dropping 0.9 percent.
Renault is losing 1.1 percent and Peugeot is flat.
Elsewhere in Europe, the German DAX is losing 0.22 percent and the UK's FTSE 100 is adding 0.37 percent. Switzerland's SMI is gaining 0.11 percent.
In economic news, German consumer sentiment is set to strengthen in July, survey results from the market research group GfK showed. The forward-looking consumer sentiment index rose unexpectedly to 5.7 points for July from a revised value of 5.6 points in June. Economists had expected it to drop to 5.3 points.
The British economy expanded in the first quarter from the prior quarter as estimated, the Office for National Statistics said. Gross Domestic Product grew 0.5 percent sequentially in the first quarter, unrevised from growth previously published. The first quarter expansion offset the 0.5 percent contraction in the previous three months.
Switzerland's consumption indicator rose significantly in May, driven by an increase in new car registrations. The bank's consumption indicator rose 0.34 points to 1.91, its highest level since August last year. This follows a 0.1 point decline in April.
Across Asia/Pacific, major markets ended in positive territory. Australia's All Ordinaries gained 0.21 percent and China's Shanghai Composite Index rose 0.04 percent. Hong Kong's Hang Seng and Japan's Nikkei 225 added 0.09 percent and 0.74 percent, respectively.
In the U.S., futures point to a lower open on Wall Street. In the previous session, the major averages pulled back off their highs going into the close but remained firmly positive. The Dow advanced 0.9 percent, the Nasdaq jumped 1.3 percent and the S&P 500 rose 0.9 percent.
In the commodity space, crude for August delivery is adding $0.42 to $91.03 per barrel and August gold is rising $6.1 to $1502.5 a troy ounce.
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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.