US Dollar Slips as Markets Weigh Potential US-Iran Peace Deal and Oil Price Outlook 
S&P 500 Hits Record High as Tech Rally Slows Amid Iran Peace Uncertainty 
U.S. Sanctions Iran’s Strait of Hormuz Authority as Global Oil Markets Face Turmoil 
Oil Prices Jump After New U.S. Strikes on Iran Raise Supply Concerns 
S&P 500, Nasdaq Hit Record Highs as Iran Ceasefire Talks and AI Rally Boost Markets 
New World Screwworm Found Near U.S. Border Raises Threat to Cattle Industry and Beef Prices 
Tokyo Inflation Cools in May, Supporting BOJ’s Cautious Rate Hike Path 
South Korea Central Bank Holds Interest Rates Steady Amid Inflation Concerns 
Gold Prices Slip as Stronger Dollar and Iran Peace Talk Uncertainty Weigh on Market 
Wall Street Reaches New Record Highs as AI Boom and Iran Ceasefire Hopes Boost Markets 
Asian Currencies Steady as U.S.-Iran Ceasefire Extension Hopes Weigh on Dollar 
Asian Markets Slide as New U.S. Strikes on Iran Spark Investor Caution 
US Launches New Trade Investigation Into Vietnam Over Intellectual Property Concerns 
ECB’s Philip Lane Warns Middle East Conflict Could Keep Inflation Elevated 
European Stocks Rise as AI Optimism Offsets U.S.-Iran Tensions 
Gold Prices Hold Near Record Levels as Inflation Concerns Offset Middle East Ceasefire Hopes 
Mainland Chinese stocks surged to multi-year highs after returning from an extended break, fueled by investor excitement over Beijing’s aggressive stimulus measures. The CSI300 blue-chip index jumped 5.5% in early trade to reach its highest point since July 2022, while the Shanghai Composite Index climbed 5.2%, marking its highest level since December 2021.
However, this optimism did not extend to other Asian markets. Hong Kong’s Hang Seng Index dropped 2.5%, driven by a 5.3% slump in its Mainland Properties Index. Overall, MSCI’s Asia-Pacific index outside Japan fell by more than 1%.
Experts suggest that the Chinese market’s rise reflects investor confidence in the local market, while profit-taking could be behind Hong Kong's decline. Investors now await further details on China's stimulus pledges.
Meanwhile, fears of a Middle East conflict disrupted global markets. Brent crude briefly surged above $90 per barrel due to concerns about oil supply disruptions, but later retreated. Additionally, U.S. Treasury yields held steady as investors reconsidered the likelihood of further interest rate hikes from the Federal Reserve following strong U.S. jobs data.
