With the mood remaining a bit cautious amid concerns about interest rates and the impact of higher borrowing costs on global economic growth, Asian stock markets are mostly lower on Monday, following the mixed cues from Wall Street on Friday. Traders now await key economic data from the U.S., China and Europe later in the week for additional clues about the outlook for interest rates. Asian markets closed mixed on Friday.
Traders are reluctant to make significant moves as they await key economic data from the U.S., China and Europe for additional clues about the outlook for interest rates. Asian markets closed mixed on Friday.
For comments and feedback contact: editorial@rttnews.com
Business News
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.