European stocks rose slightly on Tuesday, as investors waited for trading to resume on Wall Street after Monday's Labour Day recess.
Underlying sentiment was underpinned by China's pledge to make renewed efforts to boost its COVID-hit economy.
Chinese policymakers announced a slew of measures, including increased debt issuances and infrastructure spending to shore up the flagging economy.
China's central bank slashed the amount of foreign-exchange deposits banks need to set aside as reserves for the second time this year in a bid to support tumbling yuan.
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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.