Geopolitical and Conflicts

Gaza War and Ceasefire Talks:

The conflict in Gaza remains a major focus. There are ongoing ceasefire talks, with US President Trump hosting Israeli Prime Minister Netanyahu. New details of a proposed 60-day truce, hostage-prisoner swaps, and Israeli troop pullbacks are emerging. Despite talks, Israeli airstrikes continue, with reports of significant Palestinian casualties.

Russia-Ukraine War:

The conflict continues with both sides trading drone strikes. Ukraine has secured deals to boost drone production, aiming for "hundreds of thousands" more this year. There are also reports of Dutch intelligence services stating Russia has stepped up the use of banned chemical weapons.

US Pressure on Trade Deals and Tariffs:

President Trump has indicated an August 1st tariff deadline is "firm" but he's open to other ideas. He has announced new tariffs on Japan and other countries, putting pressure on global shares and creating uncertainty in trade relations, particularly with Canada.