Trump expects Iran deal soon amid Lebanon tensions; oil surges, volatility spikes, traders favor options over futures.
HSBC flags China equity split: onshore A-shares up 10%, offshore-heavy MSCI China down 7% in 2026.
Gold dips near $4,485 as Hormuz tensions boost inflation fears, firming Fed hike bets ahead jobs data.
South Korea’s May CPI rose 0.5% m/m, beating forecasts, reducing near-term BOK cut odds, supporting won.
Korea May CPI rose 3.1%, topping forecasts; sticky inflation reinforces BoK hawkishness, supports won, pressures equities.
Risk-off geopolitics and surging oil boosted US dollar, pushing AUD/USD lower as RBA hike odds faded.
Commerzbank says Japan fiscal fears overdone; supplementary budget modest, yen weakness overreaction, options favor selling volatility.
GBP/USD stays rangebound as a quiet UK week leaves Sterling following US jobs data into Friday’s NFP.
NZD slid nearly 1% as strong US dollar offset hawkish RBNZ, with US jobs data key.
USD/JPY nears 160 as yield gap persists; Japan may intervene, with jobs data and BoJ pivotal.
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