The China stock market headed south again on Thursday, one day after ending the four-day losing streak in which it had dropped almost 85 points or 2.1 percent. The Shanghai Composite Index now sits just above the 4,000-point plateau and it's expected to open in the red again on Friday.
The global forecast for the Asian markets is weak on concerns over the Middle East conflict, although easing oil prices may limit the downside. The European and U.S. markets were down and the Asian bourses are expected to open in similar fashion.
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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.