Indian shares are seen opening notably higher on Friday after Wall Street's three major indexes posted their biggest daily gains since April 8 overnight on hopes for a Midde East peace deal and expectations of a strong market debut of Elon Musk's SpaceX.
U.S. President Donald Trump claimed an agreement to end the war with Iran had been reached and would be signed shortly, possibly in Europe this weekend with Vice President JD Vance attending on his behalf.
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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.