Risk, risk everywhere

Kearabilwe Nonyana of PrimeXBT unpacked how US-Iran peace talks and the latest US inflation data weighed on market sentiment, triggering broad sell-offs in industrial and resource stocks. He noted that gold weakened alongside other risk assets, while Asia-Pacific markets continued to hit record highs despite inflation concerns. He also highlighted growing political uncertainty around Keir Starmer, which has recently weakened the British pound.