European stocks advanced on Monday as investors looked ahead to inflation data from the U.S and Eurozone for further clarity on the outlook for rates.
ECB Vice President Luis de Guindos said the labor market is beginning to weaken and the central bank will be in a better position to reassess the inflation outlook in December.
A China-U.S. summit meeting to be held on the sidelines of the APEC meetings also remains on investors' radar. Media reports suggest that Beijing is considering ending a freeze on Boeing Co.'s aircraft.
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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.