Asian stocks ended mixed on Tuesday after Chinese economic data came in weaker than expected. Focus shifted to the U.S. debt ceiling, as U.S. President Joe Biden and congressional leaders are due to resume talks at the White House later in the day.
The dollar index pulled back and gold prices slipped, while oil traded sideways after rising sharply in the U.S. trading session overnight.
Chinese shares ended lower as the latest readings on industrial production, retail sales and fixed asset investment missed expectations, adding to signs the recovery in the world's second largest economy might be faltering.
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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.