Asian stock markets are mostly lower in thin holiday trading on Thursday following the mixed cues from Wall Street after a U.S. Labor Department report showed tame consumer price inflation in January and as Federal Reserve Chair Jerome Powell said that the U.S. is still "very far" from a strong labor market. Some of the markets in the Asian region are closed for public holidays.
The Australian market is edging lower in choppy trading following the mixed cues from Wall Street. Investors remained cautious as they digested mixed local corporate earnings results.
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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.