Tokyo Opens Lower as Dollar Strength and Commodity Rout Hit Asia-Pacific Risk Appetite
Executive summary: Tokyo and broader Asia-Pacific markets opened under pressure, with the Nikkei 225 down -1.8% and the Nikkei 225 ETF lower -1.7%. The heaviest moves were in commodities, where silver, gold, platinum, palladium and WTI crude all fell sharply, while USD/JPY pushed higher and USD/CNY also firmed. The pattern points to a risk-off start, with exporters, cyclicals and commodity-linked assets taking the brunt of the selloff. [Continue Reading]
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US F-15 pilot describes unusual drone formation before ejection over Iran
A US fighter jet pilot who was shot down over Iran in April has reportedly described seeing multiple Iranian drones in the air just before he ejected from the aircraft. According to a report cited in the supplied material, the pilot told US intelligence officials during a debriefing that the drones appeared to be moving together in a formation he likened to a jellyfish. The account has drawn attention inside the US intelligence community because of what it could suggest about Iranian drone coordination.The incident took place on 3 April 2026, when US forces launched search and rescue operations after... [Continue Reading]
360LiveNews | 23 Jun 2026 21:41 LONDON
Europe closes mixed as DAX edges higher, FTSE slips, and metals selloff dominates the session
Executive summary: European equities finished mixed, with Germany’s DAX eking out a gain while the FTSE 100, CAC 40 and Euro Stoxx 50 all ended lower. The biggest market story was a sharp retreat in precious metals, led by silver, gold, platinum and palladium, alongside weaker Brent crude and softer euro and sterling exchange rates. Natural gas was the main notable riser. The moves point to a broad risk reset across commodities and FX, even as European equity losses remained relatively contained. [Continue Reading]
Wall Street Opens Lower as Tech, Metals and Oil Slide, While Small Caps Buck the Risk-Off Tone
Executive summary: U.S. equities opened under pressure, led by a sharp drop in the Nasdaq Composite and weakness across tech and chip shares. The move came alongside broad declines in gold, silver, platinum, palladium and WTI crude, while small caps and a few rate-sensitive pockets held up better. The opening tone points to a market repricing that is hitting growth and commodity-linked trades at the same time. [Continue Reading]
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Europe opens mixed as DAX outperforms, metals slide sharply and Brent eases
Executive summary: European markets opened with a split tone, the DAX advanced while the FTSE 100 and CAC 40 slipped, and the Euro Stoxx 50 held a modest gain. The biggest move in the session data is in precious metals, where gold, silver, platinum and palladium all fell sharply. Brent crude also eased, while natural gas and global autos moved higher. In FX, the euro and sterling weakened against the dollar, adding to the cross-asset risk-off feel in parts of the market. [Continue Reading]
Tokyo closes mixed as metals slump, oil eases and yen weakness cushions exporters
Executive summary: Tokyo and broader Asia-Pacific trading ended with a split tone, as the Nikkei 225 and its ETF were little changed while Hong Kong, Seoul and Sydney posted sharper declines. The biggest moves came in commodities, where silver, platinum, palladium and gold all fell hard, while WTI crude also dropped. The yen weakened further against the dollar, a move that can support Japanese exporters, even as risk appetite looked fragile across regional equities. [Continue Reading]
DR Congo Ebola outbreak passes 1,000 cases as deaths rise to 254
The Democratic Republic of the Congo has reported that its Ebola outbreak has now passed 1,000 confirmed cases, with the total rising to 1,003 and deaths increasing to 254. The latest figures were confirmed by the National Institute of Public Health and show that transmission is still continuing in the country's east. Health teams remain focused on Ituri province, where almost all cases have been recorded, while North Kivu and South Kivu have also been affected.The outbreak was declared on 15 May and is caused by the Bundibugyo strain of Ebola, a form of the virus for which there is... [Continue Reading]
360LiveNews | 22 Jun 2026 20:59 LONDON
UK issues rare red extreme-heat warning as temperatures near 40C
The Met Office has issued a rare red weather warning for extreme heat across parts of England and Wales, with temperatures forecast to reach 40C in some places. The warning covers London, parts of the Midlands, south-east Wales and southern England, and will run from 09:00 BST on Wednesday until 21:00 BST on Thursday. Forecasters say the heat will be intensified by high humidity, with significant disruption to daily life expected.The agency said the conditions could lead to serious illness and a danger to life, alongside travel disruption and wider pressure on public services. Amber weather warnings are also in... [Continue Reading]
360LiveNews | 22 Jun 2026 17:32 LONDON
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Tokyo Leads Asia-Pacific Rally as Nikkei Surges, Kospi Jumps and Gold Slips on Risk Rotation
Executive summary: Tokyo closed sharply higher and South Korea’s Kospi posted a powerful rebound, while Hong Kong and Australia finished lower. The session was marked by a broad rotation out of defensive metals and into cyclicals, with the Nikkei 225 up 4.361% and the Kospi surging 6.609%. Platinum, silver, palladium and gold all fell, while global autos and Ether advanced. USD/JPY moved higher, adding to the picture of a market favoring risk assets over havens. [Continue Reading]
United States and Iran sign 14-point truce memorandum as nuclear terms remain unresolved
The United States and Iran have signed an initial 14-point memorandum of understanding that sets out a ceasefire window and leaves the nuclear question as the main unresolved issue. The document was signed this week and is described as an initial peace agreement rather than a final settlement. It gives both sides 60 days to negotiate the remaining details, with the possibility of extending that period by another 60 days if no deal is reached.According to the row, the memorandum includes guarantees that Tehran will never obtain nuclear weapons, the suspension of US sanctions against Iran, and financial compensation for... [Continue Reading]
360LiveNews | 20 Jun 2026 08:30 LONDON
Vance publicly rebukes Israel from White House podium amid US-Iran deal fallout
United States Vice President JD Vance has delivered unusually blunt public criticism of Israel from a White House podium, sharpening tensions already exposed by the US-Iran deal. Speaking on Thursday local time, he said Israel should be grateful for American support and warned Israeli leaders to reassess their stance toward Washington. His remarks came as debate over the agreement continued to widen and as relations between the two allies appeared to be under strain.Vance said President Donald Trump was the only head of state in the world sympathetic to Israel at this moment, and argued that Israeli officials should not... [Continue Reading]
360LiveNews | 19 Jun 2026 06:29 LONDON
Iran backs direct US talks as Khamenei warns against excessive demands
Iran's supreme leader has publicly endorsed direct negotiations with the United States, in his first reaction to a memorandum of understanding signed by Donald Trump and Masoud Pezeshkian to end the war between the two countries. Ayatollah Mojtaba Khamenei's statement was read on Iran's state broadcaster and later posted in English on his official X account. He said he had authorised the agreement despite holding a different view of it.Khamenei said the decision followed a commitment from Pezeshkian, in his role as head of the Supreme National Security Council, to safeguard the rights of the Iranian nation and the "Resistance... [Continue Reading]
360LiveNews | 19 Jun 2026 02:29 LONDON
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