Ahead of Friday's holiday for Labor Day, the Hong Kong stock market had turned lower again on Wednesday, one day after ending the two-day slide in which it had slumped almost 300 points or 1.2 percent. The Hang Seng Index now rests just above the 25,775-point plateau although it's tipped to open to the upside on Monday.
The global forecast for the Asian markets is cautiously optimistic on strength from the technology stocks and easing crude oil prices. The European and U.S. markets were mixed to higher and the Asian markets are likely to open in similar fashion.
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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.