US Stocks Rebound as Iran Eases Military Operations; Tech Shares Lead Wall Street Recovery 
Asian Stocks Slide as Tech Selloff Deepens and US-Iran Conflict Escalates 
Australian Consumer Sentiment Drops in June as Financial Concerns Weigh on Households 
BOJ Rate Hike Expectations Rise as Weak Yen and Strong U.S. Jobs Data Increase Pressure 
China Trade Surplus Surges in May 2026 as Exports and AI-Driven Imports Accelerate 
Oil Prices Surge Above $93 as Trump Escalates Iran Pressure and Strait of Hormuz Tensions Deepen 
Gold Prices Slide Nearly 2% Ahead of Key U.S. Inflation Data and Rising Middle East Tensions 
Wall Street Ends Mixed as Iran Tensions, OpenAI IPO Filing, and Inflation Concerns Weigh on Markets 
The U.S. Treasuries gained during Friday’s afternoon session amid a muted trading day that witnessed data of little economic significance. However, a speech by Federal Open Market Committee (FOMC) member Brainard, due to be delivered today at 13:30GMT, shall provide further direction into the debt market.
The yield on the benchmark 10-year Treasury yield slipped nearly 1-1/2 basis points to 1.909 percent, the super-long 30-year bond yield suffered 2 basis points to 2.380 percent and the yield on the short-term 2-year traded nearly 1 basis point lower at 1.670 percent by 11:15GMT.
After US stock markets rose to fresh record highs yesterday on increased optimism surrounding the phase one of the China-US trade agreement and associated comments surrounding potential tariff rollbacks, Asian equities started the day on the front foot, Daiwa Capital Markets reported.
In the US, the end of the week will bring the University of Michigan’s latest consumer sentiment survey for November, along with wholesale inventories and trade sales figures for September. Elsewhere, the Fed’s Daly is due to speak publicly, the report added.
Meanwhile, the S&P 500 Futures remained tad down at 3,084.62 by 11:20GMT.
