European stocks are likely to open on a subdued note Thursday as the U.S.-China Summit meeting concluded after months of diplomacy.
It was said there were agreements on restarting military-to-military communications and steps to curb fentanyl production.
Both countries agreed to work towards avoiding confrontation and instead focus on cooperation.
Asian markets traded broadly lower alongside U.S. equity futures as investors awaited more clues on the health of the world's largest economy, going into the holiday season.
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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.