Tokyo and Asia-Pacific close sharply higher as peace deal headlines hit oil, lift metals and cyclicals
Executive summary: Asia-Pacific markets ended the session with a broad risk-on tone, led by a powerful surge in Japan and South Korea after headlines around a U.S.-Iran peace deal. The Nikkei 225 jumped +6.0% to 69,317.5, the Kospi surged +13.9%, and the ASX 200 rose +3.4%. Oil slumped -10.5% while gold, silver and palladium rallied strongly, signaling a sharp rotation into lower energy costs, precious metals and cyclical assets. [Continue Reading]
Sponsored
Tokyo Opens Higher as Oil Slides and Precious Metals Surge, Asia-Pacific Risk Appetite Improves
Executive summary: Tokyo and broader Asia-Pacific markets opened with a firmer tone, led by gains in Japan, South Korea and Australia, while Hong Kong lagged. The sharpest cross-asset move was in commodities, where WTI crude fell -8.3% and palladium jumped +9.8%. Equities also found support from a softer USD/JPY and a modestly weaker dollar against the yuan, even as the Hang Seng slipped and natural gas eased. [Continue Reading]
US urges Europe to adopt Ebola travel restrictions ahead of World Cup
The Trump administration has asked European countries to impose travel restrictions on people who have recently been in Ebola-affected countries in Central Africa, according to officials and sources familiar with the request. The appeal was made as Washington said it wanted to reduce the risk of the virus spreading during the World Cup. The request adds a diplomatic dimension to an already active public health response to the outbreak.The United States sent a formal démarche on 1 June, asking European states to introduce Ebola-related travel limits, a European Union diplomat based in Africa and a second source with knowledge of... [Continue Reading]
360LiveNews | 10 Jun 2026 12:31 LONDON
