// 19 ASSETS · TWICE DAILY · MON–FRI · 10 MIN READ

EUR/USD drifted lower to 1.1754 as the dollar firmed on safe-haven demand after Trump declared the Iran ceasefire 'on life support.'

Cable sold off 60 pips to 1.3535 as sterling reversed Friday's gains, weighed by rising oil costs and a firmer dollar.

Dollar-yen pushed higher to 157.42 as US yields rose to 4.41%, pulling the pair away from Friday's intervention-fear lows.

Aussie slipped to 0.7220 as commodity currencies softened despite surging oil — iron ore weakness and a firmer dollar outweighed energy gains.

Gold pulled back $14 to $4,705 despite escalating Iran tensions, as rising US yields and a stronger dollar capped upside after touching $4,783 intraday.

Silver dropped to $84.98 after failing to hold above $88, underperforming gold as the gold-silver ratio widened back above 55.

WTI surged 2.5% to $100.49 after Trump declared the Iran ceasefire 'on life support' and rejected Tehran's counter-proposal, raising fears of renewed Strait of Hormuz disruption.

S&P 500 edged up 0.2% to a fresh record close at 7,412.84, powered by semis and AI plays despite oil crossing $100 and the VIX jumping to 18.4.

Nasdaq 100 gained 0.3% to 29,321 as memory chip stocks hit record highs led by Micron, and AI infrastructure plays continued their relentless bid.

Dow added 95 points to 49,704, with industrials and financials providing modest support while energy stocks outperformed on the oil surge.

Bitcoin dipped 0.8% to $81,040 as crypto pulled back from Monday's strong open, with risk appetite fading as Trump's Iran comments rattled broader markets.

Ethereum fell 1.6% to $2,302 as the ETH/BTC ratio continued its multi-month slide, with Solana's developer share gains adding to bearish sentiment.

NVIDIA surged 2.0% to $219.44, leading the chip rally as Intel's CEO highlighted collaborative products and memory stocks hit record highs.

Tesla rocketed 3.9% to $445, its best day in three weeks, after Piper Sandler argued current prices give investors Optimus robotics exposure 'for free.'

Apple was flat at $292.68 as the stock consolidated near highs ahead of the Trump China delegation trip, where Tim Cook is confirmed as a participant.

Microsoft slipped 0.6% to $412.66 as Nadella's testimony in the Musk-OpenAI trial dominated headlines, overshadowing otherwise solid fundamentals.

Meta fell 1.8% to $598.86, breaking below $600 for the first time in two weeks as reports of an internal AI strategy crisis weighed on sentiment.

Alphabet dropped 3.0% to $388.64, the sharpest one-day decline since April, despite positive coverage of Anthropic's growth benefiting Google Cloud.

Amazon declined 1.4% to $268.99 as broader mega-cap weakness dragged the stock despite strong corporate profit environment and AI cloud demand.