- Escalating Middle East tensions after reciprocal US–Iran strikes pushed Brent crude above $94 a barrel, rattling risk assets and lifting US Treasury yields as markets priced in sticky inflation and tighter financial conditions.
- A global bond selloff deepened with Japan’s 10‑year yield touching 3% for the first time since 1996, reflecting anxiety over energy‑driven inflation, fiscal deficits and uncertain central‑bank guidance.
- The Trump administration pressed G20 partners to cut trade and fiscal imbalances and consider higher barriers on Chinese goods, as debt concerns and renewed inflation fears resurfaced across major economies.
- Russia launched fresh drone and missile attacks on Kyiv and surrounding regions, killing at least a dozen people and marking the sixth straight day of strikes on the Ukrainian capital.
- NATO aircraft were scrambled overnight after drones approached and briefly entered Estonian airspace, underscoring heightened alert levels along the alliance’s eastern flank.
- Germany’s interior and foreign ministers prepared to announce that Russian intelligence services were behind an attempted drone attack on German soil, adding to European security concerns.
- Iran struck US and allied bases and assets in the region in retaliation for US CENTCOM strikes on Iranian radar sites used to track shipping, with both sides signaling readiness for further escalation.
- At the SCO summit in Bishkek, Iranian President Masoud Pezeshkian reportedly sought military and economic support from participating leaders as Tehran faced intensified US pressure.
- Saudi Arabia, Turkey and Pakistan agreed to set up a joint secretariat to coordinate on regional security and defence issues, a move seen as consolidating a Sunni‑led axis amid shifting Middle East alignments.
- Israel and Greece finalized a $3.5 billion defence deal focused on naval capabilities, as Ankara’s maritime posture in the Eastern Mediterranean continues to draw pushback from Athens and Jerusalem.
- China’s President Xi Jinping made his first state visit to Kyrgyzstan in seven years, emphasizing high‑level political trust and deepening ties in energy, transport and security ahead of broader SCO discussions.
- Leaders of China, Russia and India used SCO gatherings to coordinate messaging on multipolarity and counterbalance US influence, even as New Delhi maintained separate bilateral tracks with Washington.
- US Homeland Security/ICE announced a wave of arrests targeting violent offenders and child abusers among immigration detainees, part of a broader enforcement push framed as removing the “worst of the worst.”
- A massive rock–ice collapse near the Nepal–China border triggered debris‑laden flash floods that killed hundreds in Nepal, left nearly 2,000 missing and displaced tens of thousands across the region.
- Tropical Storm Edouard drew attention in the Atlantic basin, with forecasters monitoring potential impacts on shipping lanes and coastal communities as the storm organized.
- A Grand Canyon flash flood event killed multiple people, renewing debates on park safety protocols and real‑time warning systems for hikers in narrow slot canyons.
- US airport face‑scan expansion plans advanced despite privacy concerns, with officials arguing faster processing and security gains while critics warn of civil liberties risks.
- A high‑profile US murder trial ended with a conviction in the decades‑old Tupac case, drawing intense media scrutiny and renewed debate over evidence reliability and witness credibility.
- Global equities wobbled as oil spikes and rate fears weighed on cyclicals, though AI‑heavy tech names showed relative resilience in an otherwise risk‑off session.
- Brazil’s central bank continued its easing cycle with the Selic benchmark cut to 14%, but a firm real and elevated US yields kept policymakers cautious about aggressive further cuts.
