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Spot gold fell below $4,000/oz for the first time since November last year, about $1,600 below this year’s record high of $5,596/oz.
2026-06-24
Spot gold fell below $4,000/oz for the first time since November last year, about $1,600 below this year’s record high of $5,596/oz.
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2026-06-24
BofA Global Research raised its year‑end targets for Japanese equities, flagging stronger‑than‑expected AI demand, a higher probability the Strait of Hormuz stays open and improving corporate ROE. It lifted its Nikkei 225 year‑end target to 76,000 fr
BofA Global Research raised its year‑end targets for Japanese equities, flagging stronger‑than‑expected AI demand, a higher probability the Strait of Hormuz stays open and improving corporate ROE. It lifted its Nikkei 225 year‑end target to 76,000 from 67,000 and its TOPIX target to 4,400 from 4,200. BofA said ROE gains to date were mainly driven by margin improvement, but as the manufacturing cycle recovers leverage expansion is likely to become the new driver.
2026-06-24
President Trump said Iran has told the US it has not sought or collected any transit, insurance or other fees from ships passing through the Strait of Hormuz, despite contrary media reports. He warned that if that proves untrue, negotiations will end
President Trump said Iran has told the US it has not sought or collected any transit, insurance or other fees from ships passing through the Strait of Hormuz, despite contrary media reports. He warned that if that proves untrue, negotiations will end immediately, and said the US has not provided Iran funds nor released Iranian assets. The US will unfreeze some Iranian funds under US control to buy US agricultural commodities — including corn, wheat and soybeans — citing Iran’s urgent need for food, with purchases to be sourced from US farmers and ranchers.
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