German stocks turned in a mixed performance Thursday morning with investors following news from the Middle East and looking ahead to the European Central Bank's monetary policy announcement, due later in the day.
The European Central Bank is widely expected to raise its deposit facility rate by 25 basis points to 2.25% and the main refinancing rate by 25 basis points to 2.40%. The ECB Chief Christine Lagarde's press conference is eyed for future policy moves by the central bank.
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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.