French stocks turned in a mixed performance Monday morning with investors largely staying cautious amid uncertainty surrounding U.S.-Iran peace talks. Worries about inflation due to higher crude oil prices, and data showing a contraction in French manufacturing activity in the month of April weighed as well on sentiment.
Brent crude futures moved up more than 3% as Iran and the U.S. exchanged fire over the weekend, and Israeli troops captured the strategic site of Beaufort Castle in southern Lebanon in the deepest incursion into the country in more than a quarter-century.
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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.