European stocks are likely to open lower on Monday as investors await more earnings and economic data this week for clues about the state of the global economy.
China's factory activity unexpectedly contracted in July and the housing market continued to slump last month, separate data showed today, adding to concerns over demand outlook.
The Caixin survey showed slower factory activity growth in the month against the backdrop of fresh COVID-19 outbreaks and a darkening global outlook.
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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.