Asian stocks ended mostly lower on Monday as better than expected employment data from the U.S. forced investors to reset rate hike expectations.
Chinese stocks ended a tad higher after exports data for October beat forecasts despite global supply chain disruptions.
Exports rose 27.1 percent in dollar terms last month from a year earlier, official data showed Sunday. That marked the 13th straight month of double-digit growth and exceeded economists' expectations of a 22.8 percent gain. Imports increased 20.6 percent, leaving a trade surplus of $84.54 billion.
For comments and feedback contact: editorial@rttnews.com
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.