European stocks are expected to open muted as markets digest the ECB's commentary a day ago. On Thursday, the European Central Bank said it would slow down on bond purchases under the 1.85 trillion-euro Pandemic Emergency Purchase Programme (PEPP). Last two quarters had witnessed monthly volumes of almost 80 billion euros on the bond purchase.
Overnight, the U.S. benchmarks had closed weak as traders weighed in delta virus-impacted growth concerns as well as a lower jobless claims reading. Nasdaq-100 closed at 15,561.05, around 0.38 percent lower than the previous close whereas Dow Jones Industrial Average ended at 34,879.38, down from the earlier close by 0.43 percent.
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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.