European stocks may open a tad lower on Wednesday as COVID-19 cases in China continued to surge despite harsh lockdowns and mass testing.
Cases hit the highest in more than five months in Beijing, with 78 new infections reported for Wednesday.
Traders were also tracking results of the U.S. mid-term elections, with the Democrats and Republicans fighting for control over the two chambers of Congress.
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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.