German stocks are turning in a mixed performance Wednesday morning as investors continue to assess the situation in the Middle East, after U.S. President Donald Trump announced his decision to extend ceasefire amid renewed conflict in the Strait of Hormuz.
Trump said that he would extend the ceasefire with Iran indefinitely until Tehran submits a comprehensive proposal and negotiations are concluded.
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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.