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AUD/USD Falls to 0.7035 on Middle East Tensions, Strong US Jobs Data
The AUD/USD pair weakened to near 0.7035 in early Asian trading as escalating Middle East tensions and a stronger-than-expected US jobs report boosted demand for the US dollar.
Trump to Ask Netanyahu Not to Strike Back at Iran After Missile Attack
US President Donald Trump stated he will urge Israeli Prime Minister Benjamin Netanyahu to refrain from retaliatory strikes following Iran's missile barrage on Israeli targets, which was itself a response to an attack near Beirut.
Trump says Netanyahu has 'no choice' but to accept US-Iran deal
Former President Donald Trump stated that Israeli Prime Minister Benjamin Netanyahu would be forced to accept a U.S.-Iran agreement, asserting that he, Trump, is the one making key decisions on negotiations.
Zelenskyy: Long-Range Strikes Effective, Defense Critical; Iran Halts Tehran Flights
Ukrainian President Zelenskyy says long-range strikes are effective but ballistic missile defense remains critical, and Europe must maintain a strong role in peace talks. Meanwhile, Iran has suspended all flights at Imam Khomeini Airport until further notice.
Xi Calls for Multilateral Globalization, Urges Resistance to Hegemonism
Chinese President Xi Jinping called for multilateral and inclusive economic globalization and urged countries to resist hegemonism, authoritarianism, and any revival of militarism.
Trump Says Netanyahu Will Have No Choice But to Accept Iran Deal
President Trump stated that Israeli PM Netanyahu will have no choice but to accept a US deal with Iran, claiming 'I call the shots.' Oil prices rose on the news.
Xi Jinping urges multilateral globalization, resistance to hegemonism
Chinese President Xi Jinping called for multilateral and inclusive economic globalization, urging countries to resist hegemonism, authoritarianism, and efforts to revive militarism, according to Yonhap.
Xi Jinping Reaffirms Unwavering China-North Korea Ties
Chinese President Xi Jinping stated that China's policy of protecting and developing ties with North Korea remains unwavering, and that sustained growth of bilateral relations is crucial, according to Yonhap.
US Futures Drop, Oil Surges on Middle East Escalation
U.S. stock index futures fell about 0.3% as markets reopened after Israel's attack on Beirut and Iran's retaliation, while crude oil jumped over 3%.
Synlait Milk on Track for Refinancing by June 2026, Reports Net Loss
Synlait Milk says it remains on track to complete its senior facilities refinancing by June 30, 2026, including replacing its NZ$130 million Bright Loan. The company reported a net loss after tax of NZ$12 million for January–April 2026 while maintaining net assets of NZ$720.8 million.
Iran Warns of 'More Crushing' Attacks if Israel Escalates in Lebanon or Responds
Iran has warned that any further Israeli escalation in Lebanon or response to Iranian actions would trigger more crushing and destructive attacks, raising the risk of a broader regional conflict.
Iran Warns Israel Over Lebanon Attacks, Threatens Strikes
Iran's Khatam al-Anbiya headquarters warned that Israel crossed all red lines with expanded attacks in southern Lebanon and Beirut's Dahiyah district, threatening retaliatory strikes if operations continue.
IDF Warns Iran, Says Operations in Lebanon to Continue
Israel's military calls Iran's actions a serious mistake and warns of preparations for further incoming fire. The chief of staff is assessing the situation, and operations in Lebanon will continue.
Trump says Iran strikes caused no casualties, urges Israel restraint
Trump told Axios that Iran's recent missile strikes resulted in no casualties and expressed hope Israel will not retaliate, warning that further action could prolong the conflict indefinitely.
Trump 'Not Happy' About Israel's Beirut Strikes, Tells Iran to Negotiate
President Trump expressed displeasure over Israel's strikes on Beirut, stating they were not coordinated with the US, and urged Iran to end hostilities and return to negotiations.
Iran Launches Ballistic Missiles at Israel, Breaking Ceasefire
Israel reports that Iran has launched a wave of ballistic missiles toward Israel, marking the first Iranian attack since the ceasefire agreement began on April 8.
Israel Warns of Possible Iranian Missile Attack After Beirut Strike
Israeli officials report indications of an imminent Iranian missile attack, hours after Iran vowed a 'decisive and painful response' to an Israeli strike on Beirut.
US Long-Term Unemployment Hits Highest Since 2021
The number of Americans unemployed for 27+ weeks rose to 1.99 million in May, the highest since December 2021. The annual increase of 524,000 is the largest since August 2021.
United Airlines CEO Sees Full Consolidation Unlikely, Eyes Slot Acquisitions
United Airlines CEO Scott Kirby said full industry consolidation is improbable, though the carrier may buy slots or gates. He noted strong demand but expected elasticity effects, and that pricing is nearly offsetting higher fuel costs.
Iran Rejects Use of Its Assets to Pay US War Damages to Allies
Iran's Deputy Foreign Minister Gharibabadi stated that Iran's assets cannot be used to compensate US war damages to regional allies, calling them neither war spoils nor a payment source.
Strong Jobs Data Fails to Prevent 4.2% Nasdaq Crash
Despite a better-than-expected U.S. employment report showing 172,000 jobs added, the Nasdaq tumbled 4.2% on Friday.
EUR/USD Technical Indicators Signal Bearish Shift Toward 1.1300
EUR/USD faces a bearish shift as multiple technical indicators align to target the 1.1300 level.
Gold Breaks Down as US Jobs Data Crushes Support
Strong US payrolls for May – 172K vs 85K expected, with upward revisions – sent gold tumbling as the dollar and yields surged, turning prior support into resistance.
Gold vs Bitcoin Debate Intensifies After Brooks Analysis
A new analysis by Robin Brooks has sparked debate over whether gold is losing its traditional store-of-value role to Bitcoin, though the claim remains controversial.