European stocks are seen opening on a mixed note Thursday as investors monitor the latest geopolitical developments and ponder the Fed's next move on interest rates.
U.S.-Iran tensions intensified, with U.S. President Donald Trump asking the U.K. Prime Minister Keir Starmer not to hand over Diego Garcia to Mauritius.
Trump called handing over the Chagos Islands and taking the military base on a lease a "big mistake" and said the U.S. might use Diego Garcia to eradicate a potential attack by Iran if it doesn't agree to a nuclear deal following the talks in Geneva.
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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.