Public Markets 3h Briefing
×Market Moves
US stock futures drop investing.com amid Trump tariff turmoil as investors await Nvidia earnings. Gold and silver wsj.com gained in Asian trade as renewed trade tensions spurred haven-buying. Gold bloomberg.com continued its upward trajectory following the Supreme Court's decision to restrain Trump's tariff powers, creating uncertainty in trade deals.
Trade Policy
Asian currencies wsj.com strengthened against the dollar amid risk-on sentiment following the U.S. Supreme Court's tariff ruling. Australia bloomberg.com will maintain its exemptions from President Trump's tariff regime, preserving its status as one of the biggest foreign beef suppliers to the US.
Energy Markets
Oil falls wsj.com in Asian trade as traders weigh the prospect of a limited US strike on Iran. Oil bloomberg.com dropped further as investors assessed the odds of a nuclear deal between the US and Iran, with American forces massing in the Middle East.
Geopolitical Events
The US is mulling an "off ramp" yahoo.com on Iran as top advisers caution that an attack would be "far more difficult" than Venezuela. Trump investing.com is reportedly considering a targeted Iran strike, with the possibility of larger action if talks fail.
Corporate Actions
Rolls-Royce investing.com plans a $2 billion share buyback as the company returns capital to shareholders. Investor Ed Garden wsj.com has built a stake in Fortune Brands, pushing for changes as the company behind Moen faucets and Master Lock seeks a new CEO.