Asian stocks rose broadly on Tuesday, the dollar eased, gold ticked higher and Treasury yields held steady as investors awaited cues from key U.S. CPI report later in the day and the Federal Reserve's rate decision on Wednesday.
The U.S. Federal Reserve is widely expected to hold rates, with investors awaiting Chair Jerome Powell's press conference as well as the central bank's dot plot and economic projections for additional clues on the Fed's rate trajectory.
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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.