Asian stocks ended Monday's session on a muted note, although a weaker yen helped Japanese markets close sharply higher for the day.
The downside, if any, remained limited after reports suggested that negotiations for a ceasefire in Gaza are advancing in Cairo.
The dollar was largely steady, while gold scaled a fresh record high ahead of speeches by Federal Reserve officials, U.S. inflation data and the release of the minutes of the Fed's March FOMC meeting later in the week.
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Market Analysis
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.