European stocks are seen opening a tad lower on Friday as investors keep a wary eye on developments surrounding the coronavirus.
The global number of Covid-19 cases jumped to over 7.5 million, while the death toll neared 421,000, according to Johns Hopkins University.
The United States continues with the world's highest number of confirmed cases followed by Brazil, Russia, India and the U.K.
As worries mount over second case of infections, U.S. Treasury Secretary Steven Mnuchin dismissed a need for a second shutdown even if new cases accelerate.
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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.