European stocks are seen opening on a positive note Monday, although trading activity is likely to be subdued as both U.S. stock and bond markets are closed for the Independence Day holiday.
Asian markets rose broadly, though Japan's Nikkei index edged lower following a surge in COVID-19 infections in Tokyo, just weeks before the city hosts the Olympics.
The dollar held steady after dropping from a three-month high at the end of last week as concerns about the Fed's tightening policy diminished.
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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.