Asian stocks ended mostly higher on Friday, with Hong Kong leading regional gains. Trading volumes were thin due to holidays in mainland China and South Korea.
Underlying sentiment was underpinned by a fall in oil prices and declining bond yields ahead of key U.S. inflation data due later in the day.
The dollar pulled back, helping gold prices recover some lost ground. Oil prices were marginally higher in Asian trade after falling sharply overnight on expectations of supply increases by Russia and South Korea.
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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.