- Global shares slipped after U.S. Vice President JD Vance pulled out of planned talks with Iranian negotiators, dampening hopes for a diplomatic breakthrough.
- The yen is trading near a 40-year low (around ¥161 to the dollar), prompting Tokyo to warn that market intervention is an option.
- Oil eased below $80 after an Israel–Hezbollah ceasefire and the Strait of Hormuz reopened, while the dollar hit 13-month highs on a hawkish Fed tone.
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