Asian stock markets are trading mixed on Monday, following the broadly positive cues from Wall Street on Friday and as traders remain cautious amid worries about the economic impact of the ongoing Russian invasion of Ukraine and reports of related increasing sanctions on Russia by western countries. Sinking crude oil prices also impacted market sentiment. Asian markets closed mixed on Friday.
The Australian stock market is modestly higher on Monday, recouping the losses in the previous two sessions, with the benchmark S&P/ASX 200 moving above the 7,500 level, following the broadly positive cues from Wall Street on Friday, with gains in materials and gold mining stocks, partially offset by weakness in technology stocks.
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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.