European stocks are seen opening little changed on Thursday as rate hike fears persisted, and investors awaited China PMI data for directional cues. Data due on Friday may show that China's manufacturing activity contracted for a third straight month in June.
Closer home, flash inflation data from Germany and economic sentiment numbers from the euro area are due later in the session.
Across the Atlantic, trading later in the day may be impacted by reaction to reports on weekly jobless claims and pending home sales as well as the final reading on first quarter GDP.
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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.