French stocks drifted lower on Monday as tensions in the Middle East, rising oil prices and fears of monetary tightening by the Federal Reserve rendered the mood bearish. Recent data showing stronger-than-expected non-farm payroll growth in the U.S. has raised concerns the Federal Reserve will hike interest rate this year.
German stocks tumbled on Monday amid lingering worries about geopolitical tensions, and concerns over possible rate hikes by the Federal Reserve following upbeat U.S. jobs data. A sharp rise in oil prices, higher bond yields and weak factory orders data weighed as well on sentiment.
European stocks traded lower on Monday as geopolitical tensions persisted, and robust U.S. jobs data led traders to ramp up bets on a Federal Reserve rate hike this year. Brent crude futures jumped nearly 5 percent above $97 a barre and Eurozone government bond yields scaled multi-week highs as Israel...
European stocks are seen opening on a sluggish note Monday, with Middle East concerns and rate hike worries likely to keep investors on edge. Pushing against U.S. rate-hike bets, U.S. President Donald Trump said that there is too much emphasis on inflation and that increasing the benchmark interest...
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.