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Asian Market Commentary

European Shares Set For Soft Start Ahead Of ECB Rate Decision

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us

European stocks may open lower on Thursday amid U.S.-Iran tensions and interest-rate hike concerns. Technology stocks could be in focus after Oracle reported quarterly capital expenditure that exceeded estimates.

Brent crude futures traded over 1 percent higher above $95 a barrel, paring some earlier gains after the U.S. military said that it had 'completed' its latest round of airstrikes targeting Iran.

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Market Analysis

Global Economics Weekly Update - Jun 08-12, 2026

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.