Economic Report

Key Takeaways Iran targets U.S. 5th Fleet HQ: The IRGC said it struck the U.S. 5th Fleet headquarters in Bahrain and a regional air base. CENTCOM: attacks unsuccessful: U.S. forces said they successfully defeated all Iranian missile and drone attacks. Multi-country strikes: Iran attacked Kuwait and Bahrain; CENTCOM shot down …

Key Takeaways Gold slips: Spot gold fell 0.6% to $4,460.87 per ounce, while gold futures eased 0.7% to $4,488.84. Range-bound trading: Conflicting Iran headlines have kept gold locked in a tight band in recent sessions. Qeshm Island struck: U.S. Central Command confirmed strikes on the island near the Strait of …

Key Takeaways Oil extends rally: Brent rose 1.1% to $97.01 per barrel, while WTI gained 1.1% to $94.76 — both extending the prior session’s 1%+ advances. Qeshm Island struck: U.S. Central Command confirmed strikes on Iran’s Qeshm Island — located near the Strait of Hormuz — significantly raising the strategic …

Key Takeaways Nikkei hits all-time high: Japan’s benchmark jumped nearly 3% to a record 68,645.5 points; TOPIX hit a peak of 3,996.22. Japan stimulus approved: The cabinet approved a 3.11 trillion yen ($19.5 billion) supplementary budget to tackle high living costs from the Iran war. Consumption tax cut coming: PM …

SpaceX is days away from launching what could become the largest initial public offering in financial history. The company is preparing to hit the road this week, meeting with major institutional investors in a high-stakes pitch designed to justify a valuation of approximately $1.75 trillion and raise as much as …

The United States has introduced a new executive order designed to give federal authorities early access to advanced artificial intelligence models before they are released to the public. The move marks a significant escalation in government involvement in the rapidly expanding AI sector, with a strong focus on cybersecurity and …

Gold continues to trade near elevated levels around the mid-$4,400 range, showing only modest daily movement while staying close to recent highs. The metal has posted strong gains over the long term, reflecting its role as a key safe-haven asset during periods of global uncertainty. In the short term, price …

Hundreds of cancellations and delays across Canadian airports are more than a travel headache — they are adding up to a serious financial burden at the worst possible time for the industry.The Scale of the ProblemCanada’s aviation network absorbed a significant blow on June 1–2, 2026, recording over 300 flight …

Yen Weakens as Markets Test Critical LevelThe Japanese yen continues to face sustained pressure as the USD/JPY pair trades close to the 159–160 range, a level widely seen as a key psychological and policy-sensitive zone. The currency has remained on a weakening path in recent months, reflecting broader global financial …

Conditional Liquidity: The Market Is Working, Not RelaxedGlobal financial markets are still functioning smoothly on the surface, but liquidity is no longer broad-based. It is increasingly selective, concentrated in large-cap equities and core sovereign debt, while thinning out in risk assets, credit pockets, and commodity-linked markets.The backdrop is shaped by …