European stocks are seen opening lower on Thursday despite earnings from Alphabet, Microsoft and Meta boosting optimism around tech businesses.
Asian markets traded mixed while U.S. stock futures edged higher after House Republicans passed the U.S. debt bill in lower house. President Joe Biden said that he would veto the bill if it passed the upper House.
In economic releases, a preliminary reading on first quarter U.S. GDP along with reports on weekly jobless claims and pending home sales may attract attention later in the day.
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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.