Asian stock markets are trading mostly higher on Friday, extending the gains of the previous session, following the positive cues overnight from Wall Street. Investors are also cautiously optimistic after reports of encouraging inflation data and slight drop jobless claims from the U.S. Asian markets ended mostly higher on Thursday.
Meanwhile, traders also remain cautious amid restrictions and lockdowns is several areas in the region as coronavirus cases are still high.
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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.