The Japan stock market rebounded on Friday, one day after ending the three-day winning streak in which it had spiked almost 1,100 points or 1.8 percent. The Nikkei now sits just above the 59,710-point plateau and it may add to its winnings on Monday.
The global forecast for the Asian markets is cautiously optimistic on easing oil prices and support from technology shares. The European markets were down and the U.S. bourses were mostly higher and the Asian markets figure to follow the latter lead.
For comments and feedback contact: editorial@rttnews.com
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.