European stocks are seen opening mostly higher Monday on growing hopes the U.S. can achieve a soft landing.
Trading volumes, however, are likely to remain thin due to the Labour Day holiday in the U.S.
Asian markets traded mostly higher after news late last week of a deal to avert possible default at Country Garden.
Also, China's top economic planner said it would establish a designated department to bolster the country's faltering private economy.
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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.