European stocks are likely to open lower on Monday, as Chinese economic data disappointed and the mere declaration of intent by Finland and Sweden to join NATO sent tensions in Europe soaring, with Russia threatening 'military-technical' retaliation.
Meanwhile, the Covid-19 situation in North Korea remains serious and questionable, given the nation's secrecy policy and its frail healthcare system.
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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.