Asian stocks were seeing modest losses on Monday as investors kept a wary eye on the situation in the Middle East and braced for key economic data and central bank meetings due this week.
Israel expanded military operations in Gaza over the weekend, raising concerns about global economic instability.
On Sunday, Hezbollah in Lebanon said that it had successfully downed an Israeli drone in southern Lebanon using a surface-to-air missile.
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Market Analysis
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.