European shares inched higher on Thursday after a survey showed consumer confidence in Germany has improved more than expected.
The forward-looking consumer sentiment index rose to -9.6 in July from revised -18.6 in June reflecting the rapid reopening of the economy after coronavirus-related lockdown and economic stimulus package, according to survey results published by market research group GfK. The score was forecast to rise moderately to -12 from June's initially estimated -18.9.
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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.