European stocks traded higher on Monday as weak Chinese data raised hopes of additional stimulus.
A private survey showed China's factory activity slowed in June, raising calls for more stimulus to boost growth.
Closer home, the final Eurozone PMI Manufacturing reading for June has been finalized at 43.4 versus 43.6 preliminary as demand for goods fell sharply at the end of the second quarter.
Elsewhere, the S&P Global U.K. Manufacturing PMI dropped to 46.5 in June from 47.1 in May.
For comments and feedback contact: editorial@rttnews.com
Business News
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.