Asian stocks ended on a mixed note Tuesday, with hawkish remarks from two Federal Reserve officials and fears of a coming recession weighing on markets.
Investors also turned cautious ahead of key U.S. inflation data due this week. Japanese shares bucked the weak trend as traders returned to their desks following a public holiday.
Treasury yields fell and the dollar consolidated recent losses while oil prices fell after three consecutive sessions of gains.
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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.