European stocks opened higher on Wednesday, as optimism surrounding China's reopening offset lingering worries about slowing global growth and interest rates staying high for a longer period.
After Fed Chair Jerome Powell refrained from commenting on rate policy at a symposium, investors now await the release of U.S. inflation data on Thursday for additional clues on the rate outlook.
The pan European STOXX 600 edged up 0.2 percent to 446.38 after declining 0.8 percent on Tuesday.
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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.