Markets in Europe are expected to open on a positive note on Tuesday despite worries about the future of monetary policy in the region as well as in the U.S. Markets are keenly watching out for monetary policy cues from the central bankers converging in Jackson Hole, Wyoming on Thursday.
Wall Street had closed on a mixed note on Monday, as a massive rally in Nvidia ahead of its earnings update on Wednesday lifted the Nasdaq Composite about 1.6 percent to 13,497.59. Tesla also added more than 7 percent in the day's trading. Rate hike worries however lingered and the Dow Jones Industrial Average shed 0.11 percent to finish trading at 34,463.69.
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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.