Trump said US may restart attacks on Iran, undecided, claiming Iran seeks deal; also mentioned Cuba needs help.
Germany pivots from autos/chemicals to defence, aerospace and electronics as China competition rises; orders surge despite risks.
Treasury yields surged as oil-driven inflation fears and deficit worries lift term premiums, delaying Fed cut expectations.
UAE leaving OPEC may weaken cartel, boost output, increase supply, and push structurally lower oil prices.
Euro slips versus Canadian dollar as oil rallies; soft Canadian inflation tempers BoC, Eurozone CPI awaited.
New Zealand’s Global Dairy Trade Price Index rose 0.6%, slowing from a previous 1.5% increase.
TD Securities sees USD/CAD supported near 1.37 through Q2 2026 on softer Canadian inflation, jobs.
GBP/USD dips 0.1% as UK data looms; politics steadies sentiment; range seen 1.3350–1.3450.
BBH’s Elias Haddad sees DXY breaking 100 on strong growth, Fed tightening, and foreign demand.
NASDAQ 100 dropped 1.4% as surging 30-year Treasury yields and inflation fears pressured growth stocks.
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