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 15, 2026 10:12 ETA report released by the Federal Reserve on Monday showed a modest increase in industrial production in the U.S. in the month of May. The Fed said industrial production crept up by 0.1 percent in May after climbing by an upwardly revised 0.9 percent in April. Economists had expected industrial production to rise by 0.2 percent.
June 15, 2026 08:51 ETStocks are likely to move to the upside in early trading on Monday, extending the strong upward move seen over the two previous sessions. The major index futures are currently pointing to a sharply higher open for the markets, with the S&P 500 futures up by 1.2 percent. The upward momentum on Wall...
June 15, 2026 05:35 ETGold prices rose sharply to hover near a one-week high on Monday after U.S. President Donald Trump announced a tentative peace deal with Iran, helping ease investor concerns about inflationary pressures and lessening the need for interest-rate hikes. Signing ceremony is set for Friday in Switzerland...
June 15, 2026 08:21 ETCrypto markets extended gains as the interim peace deal between the U.S. and Iran eased global risk aversion, triggered short squeeze and boosted overall market sentiment.