Asian stocks were subdued in thin holiday trade on Monday, as higher oil prices and Treasury yields stoked worries about inflation and investors awaited the release of Chinese GDP data as well as monthly activity figures for March.
The Japanese yen reversed losses against the dollar and gold hovered near a five-week high, while oil prices climbed on concerns about tighter supply after Libya's National Oil Corporation announced Sunday the closure of production at a major oil field in the country's south.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.