Asian stocks ended mixed on Monday as new coronavirus cases ticked upward again in the U.S. and China imposed retaliatory sanctions on U.S. and Canadian individuals and entities during the weekend.
Elsewhere in Europe, the European Commission warned that the European Union is at the start of a third wave of the pandemic.
Chinese shares gained ground on economic optimism after data showed annual profits at China's industrial firms surged in the first two months of 2021.
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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.