Asian shares ended mixed on Thursday as Fed pivot hopes were offset by concerns over China's growth trajectory.
The dollar was pinned near one-month lows on bets of a less hawkish Fed, while oil slipped in Asian trading after having surged nearly 3 percent on Wednesday, bolstered by record crude exports in the United States.
China's Shanghai Composite Index slid 0.6 percent to 2,982.90 after data showed profits at China's industrial firms sank for a third consecutive month in September.
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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.