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 17, 2026 06:07 ETDespite transport cost pressures, UK consumer price inflation remained stable in May, ahead of the Bank of England's policy announcement on Thursday. Consumer prices registered an annual increase of 2.8 percent, the same rate as seen in April, the Office for National Statistics said Wednesday. Prices were expected to climb 3.0 percent.
June 17, 2026 06:02 ETFrench stocks turned in a mixed performance Wednesday morning with investors looking ahead to the Federal Reserve's monetary policy announcement, due later today, and the signing of a peace agreement by Washington and Tehran later this week in Switzerland.
June 17, 2026 05:48 ETGold prices were little changed on Wednesday after four straight days of gains and ahead of the Federal Reserve's rate decision later in the day. Spot gold was little changed at $4,330.65 an ounce while U.S. gold futures were down 0.1 percent at $4,349.20. The U.S. central bank is widely expected...
June 16, 2026 09:34 ETOptimism surrounding the preliminary U.S.-Iran deal as well as uncertainty surrounding the actual terms of agreement swayed global market sentiment.