Asian stock markets are trading mostly lower in thin trading on Tuesday due to a holiday in most markets, despite the broadly positive cues from Wall Street overnight, as traders remain cautious ahead of the monetary policy announcements from the US Federal Reserve, European Central Bank, the Bank of England and the Reserve Bank of Australia during the week. Asian markets closed mostly lower on Monday.
Concerns about slowing economic growth in China and the ongoing war in Ukraine also weighed on the markets.
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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.