Asian stocks struggled for direction before ending mixed on Tuesday as investors braced for a busy week of earnings and economic data in the United States.
Fears about economic growth continued to weigh after top U.S. retailer Walmart struck a downbeat tone on the health of the U.S. consumer. Tech heavyweights Apple, Meta, Microsoft and Amazon are due to report their financial results this week.
The dollar held just below multi-decade highs, while oil prices rose nearly 2 percent in Asian trading, adding to overnight gains on expectations that Russia's reduction in natural gas supply to Europe could encourage a switch to crude.
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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.