European stocks were seeing modest gains on Friday after data showed Germany's factory orders rebounded at a stronger-than-expected pace in August, reflecting the robust expansion in demand for computing, electronic and optical products.
Factory orders registered a monthly growth of 3.9 percent, in contrast to the 11.3 percent decrease in July, Destatis reported.
Investors shrugged off survey data from the Lloyds Bank subsidiary Halifax and S&P Global showing that U.K. house prices fell for the sixth straight month in September as higher interest rates weighed on mortgage affordability.
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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.