European stocks are seen opening lower on Friday after Wall Street tanked in a broad selloff overnight led by technology stocks.
Asian markets recouped early losses, tracking gains in U.S. stock futures. Chinese and Hong Kong stocks were seeing strong gains after reports of a slew of regulatory measures to support businesses.
The Japanese yen slipped after the Bank of Japan maintained super-low interest rates and left its yield control policy unchanged, offering no clear sign of a shift in its policy stance.
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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.