European stocks were broadly higher on Friday as bond yields eased amid bets of an interest-rate cut at next week's Federal Reserve meeting.
The U.S. central bank is almost certain to start its rate-cutting cycle next week, but analysts are looking for clues on the size of cuts over the next few months.
In economic releases, Eurostat reported that Eurozone industrial production dropped 0.3 percent month-on-month in July, as expected.
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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.