Asian stocks advanced on Thursday as AMD's first quarter results topped estimates and investors expressed hopes for a peace deal between the United States and Iran.
The dollar index was subdued in Asian trading, helping gold prices jump more than 1 percent toward $4,750 an ounce.
Oil prices extended losses, with Brent crude futures falling nearly 2 percent toward $99 a barrel after tumbling almost 8 percent in the previous session.
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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.