📈 Risk Assets Climb
Markets edged higher after Trump stated he would decide on a potential strike on Iran within two weeks, which traders read as a delay. This lifted US equity futures, weakened the dollar, and pushed oil 🛢️ and gold 📉 lower.
🗂️ Key Security Talks
Trump will chair a National Security Council meeting on Friday at 11:00 a.m. ET (3:00 p.m. BST), focusing on Iran–Israel tensions. The Senate Intelligence Committee hinted Trump might deliver a final proposal urging Iran’s Supreme Leader to abandon nuclear ambitions.
⚠️ Terror Threats in Europe
Israeli media report that Iran is planning attacks on Israeli and Jewish targets across Europe. Security services are said to be on alert.
🤝 Global Response
Britain’s David Lammy 🇬🇧 and US Senator Marco Rubio 🇺🇸 reiterated that Iran must never acquire nuclear weapons, underlining the Middle East’s high-risk environment and closer international coordination.
🗨️ Diplomatic Meetings
Iranian negotiator Abbas Araghchi will meet the foreign ministers of the UK, France and Germany 🇬🇧🇫🇷🇩🇪 in Geneva. Trump’s envoy Witkoff will not attend. Trump himself will lead Friday’s security meeting to reassess the situation.
🇯🇵 Japan Inflation Update
Japan’s May CPI came in at 3.5%, with core CPI (excluding fresh food) at 3.7%, driven by a 102% surge in rice prices 🍚 and slightly higher service costs.
🇨🇳 China Holds Rates
The People’s Bank of China left its 1-year and 5-year Loan Prime Rates steady at 3.00% and 3.50% after earlier easing measures.
💵 JPMorgan Bearish on Dollar
JPMorgan stays negative on the US dollar, citing slower US growth 📉, geopolitical risks, and fading foreign demand for American assets. The bank expects long-term structural weakness in the USD.
🌅 Morning Update | 20.06.2025 was originally published in Coinmonks on Medium, where people are continuing the conversation by highlighting and responding to this story.