PBoC set weaker yuan fixing, signaling tolerance for depreciation; policy divergence supports higher USD/CNY, prompting option positioning.
Australian inflation expectations eased to 5.5% in June, supporting an RBA pause and softer AUD outlook.
EUR/USD firms near 1.1540 ahead of expected ECB hike, while Middle East tensions boost safe-haven dollar.
WTI climbed near $90.70 as US-Iran strikes, Hormuz disruption fears, and plunging inventories fueled volatility.
US strikes persist; Iran declares Strait of Hormuz closed, jolting oil markets and prompting bullish hedges, volatility.
Japan’s BSI for large manufacturers fell to -1.8, missing forecasts, pressuring yen, Nikkei.
AUD/USD slips below 0.7000 as China margin squeeze, weak demand and Fed yield edge outweigh commodities, RBA hawkishness.
Gold falls to $4,050 as hot US inflation and Iran strikes bolster higher-for-longer Fed expectations.
RICS UK housing price balance fell to -34% in May, worsening outlook; pressure on builders, banks, GBP.
South Korea’s unemployment stayed at 2.8% in May, supporting equities; hawkish BoK steadies won, KOSPI range-bound.
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