European shares may see a strong gap-up opening on Monday amid easing geopolitical tensions and ahead of a slew of central bank meetings due this week.
U.S. stock futures climbed after U.S. President Donald Trump announced than an agreement had been reached to end the war with Iran.
"Let the oil flow!" Trump exclaimed on Sunday and declared that the "great deal" which is "now complete" would bring "peace and security to the whole region."
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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.