French stocks fell on Thursday, snapping a three-day winning streak, as U.S. President Donald Trump vowed more strikes on Iran, raising the risk of more extensive damage to energy infrastructure throughout the Gulf, which in turn could trigger inflation and slowdown global economic growth.
The U.S. President did not gave a timeline for ending the conflict and offered no plan to reopen the Strait of Hormuz, but pledged further strikes on energy facilities in the event of Tehran rejecting a deal.
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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.