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.
June 16, 2026 08:36 ETEconomic sentiment in Germany returned to positive territory in June as financial market experts expect an end to the Iran conflict, survey results from the Mannheim-based Centre for European Economic Research, or ZEW, showed Tuesday. The ZEW indicator of economic sentiment advanced more-than-expected to 10.5 in June from -10.2 in the previous month. The score was seen at -5.8.
June 16, 2026 08:56 ETFollowing the rally seen in the previous session, stocks may show a lack of direction in early trading on Tuesday. The major index futures are currently pointing to a roughly flat open for the markets, with the S&P 500 futures down by less than a tenth of a percent. Traders may take a step back to...
June 16, 2026 06:03 ETGold traded higher on Tuesday, extending its recovery from a six-month low as falling oil prices helped ease worries about inflation and the outlook for interest rates. Spot gold jumped 0.8 percent to $4,342.37 an ounce, while U.S. gold futures were up 0.3 percent at $4,364.51. Brent crude futures...
June 16, 2026 07:12 ETCryptocurrencies added to gains early on Tuesday but on a distinctly cautious note that reflected both anxieties ahead of the Federal Open Markets Committee on Wednesday as well as profit booking. Lack of clarity on the terms of the U.S.-Iran agreement also mellowed the relief rally.