European stocks traded at one-week low on Tuesday as weak data from China and the euro area fueled concerns about slowing global growth.
China's services activity expanded at the slowest pace in eight months in August, a private-sector survey showed earlier today.
Business activity in the euro zone weakened further in August as the economic downturn extended from manufacturing to the services sector.
For comments and feedback contact: editorial@rttnews.com
Business News
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.