Asian stocks rose broadly on Tuesday as active steps to rescue distressed banks in the U.S. and Europe helped ease fears of a banking crisis.
The upside remained capped as investors awaited cues from the Federal Reserve's guidance at a pivotal monetary policy meeting.
Traders and economists remain split on whether the Federal Reserve will pause or go forward with a 25 basis point rate hike at the conclusion of a two-day policy meeting on Wednesday.
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Market Analysis
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.