US equity-index futures rose after reports the US and Iran backed away from a fresh escalation of their conflict, easing concerns over the fragile ceasefire underpinning peace talks. Contracts for the S&P 500 Index advanced 0.5%, and those for the Nasdaq 100 climbed 0.6%, although that was still down from an earlier gain of as much as 1%. The gains came after Axios reported that the US and Iran agreed to halt strikes and meet this week in Qatar to resume talks over the Strait of Hormuz and other issues to end the war, citing an unidentified US official. MSCI’s Asia Pacific share benchmark, however, slipped 0.1%. Eight of the index’s 11 industry groups advanced as investors rotated out of technology and into healthcare and consumer products. Brent crude oil eased from its session high to trade about 0.4% higher at $72.30 a barrel. The Middle East conflict had intensified since Thursday, with Iran striking a container ship, a vessel carrying Qatari oil, and military bases in Kuwait and Bahrain, prompting multiple US retaliatory strikes. Hopes for a lasting peace between the US and Iran and optimism over the tech trade have put global stocks on track for their best quarter since 2020. While a strong first half is typically a good sign for the rest of the year, investors are grappling with a series of risks, from the durability of the artificial intelligence trade to the threat of rising interest rates as well as accelerating government spending. Attention in Asia on Monday will be on South Korea. Samsung Electronics Co. and SK Group are set to announce major investment plans alongside the policy initiatives. The two groups’ investments may total over $1.3 trillion over the next 10 years, Korea Economic Daily reported. South Korea’s Kospi index, the world’s best-performing major stocks gauge this year, fell almost 2% ahead of the planned unveiling of a sweeping growth strategy. Elsewhere, the dollar was little changed against its major peers, while gold dropped 0.5% to $4,065 an ounce. Treasuries were a touch weaker, with the yield on the benchmark 10-year rising one basis point to 4.38%. This week, traders will be focused on the annual central banker meeting at Sintra, Portugal with speakers including Federal Reserve Chair Kevin Warsh. A series of US jobs reports, including nonfarm payrolls, will also be in focus as expectations mount a resilient US economy and inflation pressures may spur the Fed to raise interest rates as early as September. While Warsh may walk back some of his hawkish rhetoric at Sintra and weigh the dollar, it’s likely “to grind higher in coming weeks because of the ‘US exceptionalism’ narrative,” Commonwealth Bank of Australia strategists including Joseph Capurso wrote in a note to clients. There may be other concerns too. A sharp correction in the AI-driven rally, inflation and fiscal stress are among the most alarming threats to global prosperity at present, Bank for International Settlements warned in its annual report Sunday. In its annual report published on Sunday, the Basel-based institution cited those on a list of “pressure points” that currently “demand attention,” with underlying financial vulnerabilities lurking that could amplify any shock.
Nikkei -0.37% Hang Seng +2.04% CSI +0.4% Kospi -0.97% Shanghai +0.71% Shenzen -0.63%
Eur$ 1.1392 CNH 6.8015 CNY 6.7988 JPY 161.80 GBP 1.3199 CHF 0.8100 RUB 78.3874 TRY 46.6367 WTI$ 69.98 +1.08% Gold 4,056 -0.77% BTC 59,705 +0.29% ETH 1,574 +0.22%
S&P +0.70% Nasdaq +0.89% EuroStoxx +0.35% FTSE +0.07% Dax +0.47% SMI +0.48%
Macro :
- Walmart Billionaire to Buy Minority Stake in NBA’s Chicago Bulls
- Trump Vows 100% Tariff on Countries Over Digital Services Taxes
- AI’s Energy Crunch Has Investors Searching for Next IPO Winners
- Former FDA Cancer Drug Chief Under Consideration to Return
Keep an eye on :
Keep an eye on :
- ABBV US : AbbVie Wins FDA Approval for Skyrizi in Pediatric Patients
- ALFEN NA : Alfen Says CFO Onno Krap to Step Down as of July 1, 2026
- ALO FP : Alstom Ends Challenge to Siemens, Stadler Berlin Rail Deal
- ALV GY : Pimco Targets Private Deals in Public Markets: FT
- AMBEA SS : Ambea's public offer to the shareholders of Humana, 0.305 Ambea + SEK20 Cash + 1 CVR - 26.8% premium vs 26/06
- Anthropic IPO : Anthropic: Mythos 5 Can Be Redeployed to Some US Organizations
- Anthropic IPO : Austria Lobbies EU to Host Anthropic After US Access Curbs
- AAPL US : Apple Seeks US Clearance to Buy Memory Chips From CXMT: FT
- BAVA DC : Bavarian Nordic Gets Health Canada Approval for Vimkunya
- BLFS US : Biolife Is Said to Have Drawn Takeover Interest From Repligen
- BA US : FAA Adopting New AD For Boeing 737 Max & 787 Dreamliners
- BPT LN : UK’s Bridgepoint nears deal to buy real estate unit in bet on US property
- BT/A LN : Verizon, BT Are Said to Near JV Deal for International Business
- EZJ LN : EasyJet’s top shareholders hold out for £5.3bn bid from Castlelake
- ELMRA NO : Elmera Reaches Deal With Fortum on Offer of NOK47 Per Share
- EL FP : Ray-Ban Heir Seeks Sale of Family’s Financial Stakes, Paper Says
- EXENS FP : Exosens Gets Contract With Brolis for Czech Armed Forces
- FORTUM FH : Elmera Reaches Deal With Fortum on Offer of NOK47 Per Share
- G IM : Ray-Ban Heir Seeks Sale of Family’s Financial Stakes, Paper Says
- HEI GY : Heidelberg Sets Akcansa Tender Offer Price at 260.25 Liras/Share
- HPE US : HP Partners With OpenAI to Integrate Frontier Platformµ
- HBC NO : Hofseth BioCare Raises ~NOK144.5m Via Private Placement
- HUM SS : Ambea's public offer to the shareholders of Humana, 0.305 Ambea + SEK20 Cash + 1 CVR - 26.8% premium vs 26/06
- IMCD NA : IMCD to Buy Merit Solutions
- IMPN SW : Implenia Wins CHF250m Contract For Gothenburg Train Station
- ISP IM : Intesa Files Monte Paschi Offer Document With Regulator Consob
- IPN FP : Ipsen to Buy Kartos Therapeutics for $450 Million
- ITV LN : Sky to Pledge £2B to Corrie, ITV Studios After Takeover: Times
- LNTH US : Lantheus Gets FDA Complete Response Letter for Diagnostic Kit
- MGY US : 'Magnolia Oil & Gas Is in Lead to Acquire WildFire for Over $4 Billion' - Bloomberg News
- META US : Zuckerberg Urges Meta to Explore Working With Polymarket and Kalshi
- META US : Google caps Meta’s Gemini use as AI demand strains capacity
- BMPS IM : Ray-Ban Heir Seeks Sale of Family’s Financial Stakes, Paper Says
- NA9 GY : Persistent Systems to Offer EU81/Share to Buy Nagarro
- NDX 1 GY : Nordex Gets 325 MW Wind Turbine Order in US
- OCDO LN : Ocado Major Holders Mount Rearguard Action to Save CEO: FT
- P911 GY : Germany’s Embattled Carmakers Face Next Round of Cutbacks
- PAH3 GY : Porsche Plans to Shift Cayenne Production to Leipzig, FAZ Says
- PRX NA : Prosus Profit Doubles as Bets on E-Commerce Businesses Pay Off
- PSPN SW : PSP Swiss Now Expects Ebitda of CHF335M for ‘26 Finl Year
- QDT FP : Quadient to Acquire CDP Communications; No Terms
- SBMO NA : SBM Offshore Completes $465 Million Financing of FSO Chalchi
- SOBI SS : Sobi Gets Complete Response Letter From FDA for NASP
- SOBI SS : Sobi Gets Complete Response Letter From FDA for NASP
- SPCX US : SpaceX to Join Nasdaq-100 Index July 7
- UCG IM : Ray-Ban Heir Seeks Sale of Family’s Financial Stakes, Paper Says
- VRDN US : Viridian Gets FDA Approval of Lumvoa for Thyroid Eye Disease
- VIVA SS : Riesling Ventures Makes Offer of SEK38.5/Share for Viva Wine
- VOW GY : VW Plans to End Autonomous-Driving Cooperation With Bosch: Bild