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 12, 2026 10:33 ETWith consumers experiencing some relief due to the early-month easing in gasoline prices, the University of Michigan released a report on Friday showing a bigger than expected rebound in U.S. consumer sentiment in the month of June. The University of Michigan said its consumer sentiment index jumped to 48.9 in June after slumping to 44.8 in May. Economists had expected the index to rise to 46.0.
June 15, 2026 01:44 ETEuropean 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...
June 12, 2026 16:31 ETCanadian stocks edged higher on Friday, extending the gains from previous session amid increasing optimism following U.S. President Donald Trump's reassurance on signing of a U.S.-Iran peace agreement over this weekend and reopening of the Strait of Hormuz. A surge in gold-linked materials sector gave the impetus to the index.
June 12, 2026 10:40 ETRenewed expectations of a peace deal between the U.S. and Iran supported sentiment in the crypto market.