European stocks advanced on Monday as hopes of Fed rate pause and the announcement of new Chinese stimulus measures helped investors shrug off weak economic data from Germany and the euro zone.
The dollar slipped in thin holiday day after mixed U.S.jobs data released on Friday suggested the Federal Reserve is done with raising interest rates.
In economic releases, a survey showed the Eurozone Sentix Investor Confidence Index fell to -21.5 in September from -18.9 in August - a level not seen since Europe's energy crisis last November.
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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.