Asian stocks rose broadly on Monday after mixed U.S.jobs data released on Friday suggested the Federal Reserve is done with raising interest rates.
The Fed is now expected to hold rates steady for the rest of the year if the job market and the broader economy continue to slow.
Chinese and Hong Kong markets led regional gains after China's top economic planner said it would establish a designated department to bolster the country's faltering private economy.
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Market Analysis
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.