The price of gold fell by 1. 3% to $3330 per ounce due to decreased demand for safe-haven assets after the stabilization of the situation between Israel and Iran. The market is affected by geopolitical tensions and US economic statistics, in particular the decline in consumer confidence.
According to Bloomberg Economics, a full-scale Russian war against Europe could reduce global GDP by $1. 5 trillion. Russia is actively increasing arms production, and the Baltic states are considered a potential target for aggression.
The US and UK embassies in Qatar have urged their citizens to be careful following a US air attack on Iranian nuclear facilities. Qatar has temporarily suspended air traffic and increased security measures, as have Bahrain and Kuwait.
Australia calls for de-escalation after US missile strikes on Iran's nuclear facilities. The Australian government emphasizes the risk of a large-scale conflict and the importance of a diplomatic resolution.
Tesla is launching its first robotaxi service in Austin with a limited fleet of vehicles and only in certain areas. The project aims to restore investor confidence and the market after falling sales, relying on autonomous driving, artificial intelligence, and robotics.
Australia calls for restraint and dialogue after US missile strikes on Iran's nuclear facilities, despite some opposition politicians supporting Washington's actions. The Australian government emphasizes the risk of large-scale conflict and the threat of Iran's nuclear program to international peace.
European NATO allies are concerned about the rapid withdrawal of US troops from Europe amid escalating conflict in the Middle East. After the summit, allies will pledge to spend 5% of GDP on defense, then the US will present a military review.
Apple is considering acquiring the startup Perplexity AI to strengthen its position in the artificial intelligence field. This deal will help the company develop its own AI-based search engine, which is an important step given the threat of the agreement with Google being terminated.
Toyota Motor Corporation plans to raise prices on some Toyota and Lexus car models in the US, starting next month. This increase, averaging $270 and $208 respectively, is part of a regular price review taking into account market conditions and competition.
China reached record crude oil reserves of 1. 18 billion barrels to protect against disruptions from the Middle East. This allows refineries to maneuver in conditions of potential disruptions in oil supply, particularly from Iran.
A federal appeals court in San Francisco has allowed the use of National Guard troops for protests. Trump's decision was called likely legal, but not final.
Gold prices fell by 0. 5%, heading for their first weekly decline in three weeks. Easing geopolitical tensions in the Middle East have reduced demand for the safe-haven asset, while the Fed's inflation warnings have increased the likelihood of fewer rate cuts.
IAEA Head rejects Iran's accusations that the report on nuclear violations justifies Israel's strikes.
IMF warns Europe of stagnation risk without urgent measures. Slowing growth and barriers in the single market are holding back the economy. Deeper EU market and budget increase are proposed.
Spain will not support NATO's proposal to raise the target for defense spending to 5% of GDP. The country considers the current 2% sufficient and will block the plan at the summit in The Hague.
The Finnish Parliament supported withdrawal from the Ottawa Convention, which prohibits anti-personnel mines. The decision requires presidential confirmation.
Israeli officials are considering options other than airstrikes on Iran, including a special forces raid on the uranium enrichment facility in Fordo. While US President Donald Trump doubts the effectiveness of bombs against fortified targets, Israel is preparing to act alone.
The IAEA cannot confirm the location of 409 kg of uranium, enriched to near weapons-grade, due to fighting. Inspections have been suspended, and the exact location of the material is unknown.
France's economy is showing weakness, with its growth in 2025 expected to be below the eurozone average. Uncertainty regarding budget cuts could impact the confidence of economic agents.
Iran has sharply increased oil exports following the escalation of the conflict with Israel. The country seeks to maintain revenues by dispersing tankers and ensuring supply stability through the Strait of Hormuz.
The tanker Adalynn, which belongs to the Russian shadow fleet, caught fire in the Strait of Hormuz after colliding with another tanker. 24 crew members were rescued.
The Czech Republic plans to supply ammunition to Ukraine until 2026 and has already covered 18 countries with the initiative to purchase more than 1. 5 million shells. It is important to maintain political support for the program after the elections.
Due to the escalation of the conflict between Israel and Iran, oil tanker owners are suspending routes through the Middle East. This led to a jump in freight rates by 20-30%.
Donald Trump hinted that an end to the conflict between Israel and Iran is possible only after hostilities. He believes that an agreement will be reached.
China conducted the first tests of a BCI implant on a person with paralysis. He was able to play games, controlling the computer with the power of thought, and the Chinese implant is 100 times more flexible than Neuralink.
47-year-old Blaise Metraveli will become the first woman to head MI-6, replacing Richard Moore in the fall. Prior to that, she held the position of Director of Technology and Innovation.
Washington is not canceling sanctions against the Russian Federation, but is actively monitoring their implementation. An American investment fund was fined $200 million for helping to circumvent the restrictions on oligarch Kerimov.
Amazon plans to invest A$20 billion in data center infrastructure development in Australia by 2029. The investment will support demand for cloud computing and artificial intelligence.
Iran says talks with the US on the nuclear program have become impossible after Israel's strikes. The US and Iran were due to resume talks in Oman on Sunday.
The US does not plan to lower the limit price for Russian oil in the G7. The EU and Britain want to lower the ceiling to $45 per barrel to put pressure on Russia's income.