European stocks are seen opening lower on Thursday after U.S. stocks ended sharply lower overnight amidst monetary policy concerns.
The Federal Reserve held its benchmark interest rate steady but Chair Kevin Warsh's focus on "price stability" signaled an increasingly hawkish pivot.
That said, regional losses may remain capped somewhat after a host of reports showed U.S. President Donald Trump and his Iranian counterpart had remotely signed a preliminary agreement to end the 110-day conflict.
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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.