European stocks fell on Tuesday amid growth concerns after data showed China's consumption and investment cooled further in July.
Factory production growth also decelerated, adding to pressure on the economy from multiple fronts.
Earlier in the day, China's central bank unexpectedly cut key policy rates for the second time in three months in its efforts to boost economic recovery.
Investors were also reacting to mixed regional data.
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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.