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Israel's prime minister's office said Trump informed Netanyahu of US actions in the Gulf. Netanyahu referenced Turkish President Erdogan and his allies' hardline remarks on Israel's presence and stressed the need to maintain Israel's border security

2026-07-10

Israel's prime minister's office said Trump informed Netanyahu of US actions in the Gulf. Netanyahu referenced Turkish President Erdogan and his allies' hardline remarks on Israel's presence and stressed the need to maintain Israel's border security zone.

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2026-07-10

Allianz chief adviser Mohamed El-Erian said Japan's finance minister Katayama identified as a priority encouraging households and pensions, including the Government Pension Investment Fund (GPIF), to raise allocations to Japanese financial assets. Ka

Allianz chief adviser Mohamed El-Erian said Japan's finance minister Katayama identified as a priority encouraging households and pensions, including the Government Pension Investment Fund (GPIF), to raise allocations to Japanese financial assets. Katayama's comments pushed the 10-year JGB yield down about 9bps and the yen up roughly 0.5% in Tokyo trade. If this marks a reorientation of Japan's large portfolio—still a significant uncertainty—the immediate market question is which overseas holdings would be pared first.
2026-07-10

Trump said the ceasefire ended after Iran continued attacks on vessels in the Strait of Hormuz. U.S. forces struck at least 170 Iranian military targets within 48 hours, and Iran launched counterattacks on U.S. bases. Some Republican lawmakers warned

Trump said the ceasefire ended after Iran continued attacks on vessels in the Strait of Hormuz. U.S. forces struck at least 170 Iranian military targets within 48 hours, and Iran launched counterattacks on U.S. bases. Some Republican lawmakers warned escalation could push up oil prices, add economic pressure and damage GOP prospects in this year’s midterms — one House Republican said, “He’s pushing us toward political destruction." Party hawks support continuing military action; Rep. Don Bacon said the U.S. should remain tough until Iran seeks peace. Congress has also requested details on how the administration will use a $67 billion wartime supplemental funding request.
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