Reserve Bank of India says near-term outlook remains uncertain amid a rapidly changing global environment.

Aluminum prices are on track for their largest monthly decline since 2008, down more than 15% month-to-date in June after Iran-related gains were rapidly reversed. A temporary U.S.-Iran ceasefire and expectations that the Strait of Hormuz will reopen have raised hopes that Middle East shipments will resume, erasing the prior three months' rally. Prices have also been hit by a rapid USD rally since mid‑May, making dollar‑denominated metals more expensive for most buyers, and by market bets that the Fed will keep rates higher for longer or may tighten further, weighing on demand.

Monaco prosecutor says the attack in Monaco was not a terrorist attack.