The China stock market has moved lower in two straight sessions, slipping more than 25 points or 0.6 percent along the way. The Shanghai Composite Index now sits just beneath the 4,080-point plateau although it may find traction 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.
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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.