French stocks shed ground Wednesday morning amid concerns about Middle East tensions following the U.S. and Iran launching strikes against each other. The mood is cautious also due to upcoming U.S. inflation data and the European Central Bank's monetary policy meeting.
The U.S. military has launched fresh strikes against Iran in a very strong, powerful response to the downing of a U.S. Army Apache helicopter off the Oman coast.
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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.