Asian stocks ended mixed on Monday as investors awaited cues from a slew of central bank meetings and key U.S. economic data due later in the week that could dent market hopes for rate cuts next year.
After an upbeat nonfarm payrolls report, investors have already scaled back expectations for a March cut by the Federal Reserve.
The Fed meets this week, with analysts expecting no change in rates. The so-called dot plots for rates, Chair Jerome Powell's press conference and Tuesday's CPI report for November could influence interest rate expectations.
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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.