European stocks traded higher on Monday, following mostly higher Asian performance, as the European Union launched a massive coronavirus vaccination drive, and as the UK and the EU announced a Brexit trade deal.
In the subdued post-Christmas trading, investor sentiment also reflected the U.S. Law sanctioned by President Donald Trump for additional stimulus.
On Sunday, Trump signed into law a $2.3 trillion pandemic aid and government spending package that will restore unemployment benefits to millions of Americans. His move averted a partial federal government shutdown. Trump's signing of the bill that contains $900 billion in pandemic relief comes just days after he threatened not to sign the package and called it a "disgrace."
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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.