German stocks slipped into negative territory on Wednesday amid escalating tensions between Iran and the U.S. following the former attacking U.S. bases in Jordan and Bahrain, retaliating to the U.S. attack on the Islamic Republic.
The US said it carried out a series of strikes on Iranian military and surveillance sites in response to the downing of an American helicopter in the Gulf.
Investors also looked ahead to the U.S. inflation data due later in the day, and the European Central Bank's monetary policy announcement on Thursday.
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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.