Renewed fears of a ferocious coronavirus delta variant wave and possible repercussions on the fledgling economic recovery appear to have drained the euphoria from the European bourses as they appear set for a weak opening.
On Wednesday, the last day of the quarter, the major benchmarks had closed in the red with FTSE100 losing 0.71 percent, CAC 40 shedding 0.91 percent, DAX 30 shaving off 0.87 percent, SMI 20 losing 0.71 percent and the pan-European Stoxx 600 correcting by 0.87 percent.
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Business News
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.