European stocks may struggle for direction at open on Thursday as investors keep a close eye on China's property sector and watch movements in bond and oil markets.
China Evergrande Group shares were suspended in Hong Kong after reports that the founder and chairman of the world's most heavily indebted real estate developer had been placed under police surveillance.
The dollar remained elevated against its peers and the 10-year Treasury yields hovered at a 16-year peak on concerns over rising interest rates.
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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.