Phillip Capital Futures & CFD

US & Iran Begin Talks as Trump Threatens Strikes; Nikkei 225 Crosses 72,000 22 June 2026 📈 S&P 500 Index 7,500.58, (1.08%)↑ 📉 Straits Times Index 5,192.70, (-0.39%)↓ 📈 Nikkei 225 Index 71,250.06, (0.28%)↑ 📉 Gold Spot 4,155.71, (-1.29%)↓ 🫩 Oil climbed while US futures slipped amid fresh Trump threat as peace talks between US and Iran get underway.US and HK/CN markets were closed last Friday for a holiday. The Nikkei 225 crossed 72,000 in early Asian trading today. 🚨 Peace talks between the US and Iran are underway in Switzerland as both parties seek to settle issues surrounding Tehran’s nuclear program and permanently reopen the Strait of Hormuz. Donald Trump threatened strikes again if Hezbollah keeps attacking Israel. 🔎 This come amid local media reports over the weekend that Iran halted talks over ceasefire breaches and Trump threats, but people familiar with the matter said discussions were continuing. 🛢️ Millions of barrels of oil flowed through the strait over the weekend despite the Islamic Republic saying it had closed the chokepoint again. Trump also warned Iran that the US might start collecting tolls if there’s no deal. 🇺🇸 US motorists who charge their EVs at home are racking up almost $1,500 in fuel savings over drivers of gas-powered cars. And while prices at the pump have come down with the easing of Mideast hostilities, they remain well above pre-war levels. 🇬🇧 Keir Starmer is expected to announce a timetable for his resignation imminently, possibly as soon as Monday, people familiar said. The move would pave the way for Andy Burnham to succeed him. The pound slipped. 🇮🇳 India finalized the framework for a trade pact with the US, but is seeking a competitive edge on tariffs before rolling out the much-delayed agreement, ANI reported, citing Commerce Minister Piyush Goyal. 🇲🇾 Malaysia will lower the cap on diesel prices for citizens to 2.10 ringgit ($0.51) a liter from 2.15 ringgit starting next month, as PM Anwar Ibrahim juggles pressure on government finances and his political survival in looming elections. 👀 All eyes will be on the PCE Price Index on Thursday, 25 June, at 20:30 SGT. 🌐 Accenture (-17.97%) plunged after the IT services company gave an underwhelming 4Q revenue forecast, citing AI disruption and the MidEast conflict hitting discretionary spend. Other IT services firms also fell, IBM (-5.05%), Cognizant (-10.49%), Wipro ADR (-3.63%), Infosys ADR (-9.66%). 🎬 Disney (+3%)'s Toy Story 5 debuted as the highest-grossing movie in the US and Canadian theaters this weekend, delivering $160m in ticket sales. This surpasses that of "The Super Mario Galaxy Movie" in April as the best debut of 2026. The film was boosted by a hit from Taylor Swift's "I Knew it, I Knew you" in the soundtrack. 🎮 Take-Two (+4.93%) jumped as its Rockstar Games unit said pre-orders for GTA VI will begin on June 25. 👉 Intel (+10.64%) surged after Trump said it will work alongside Apple to design and produce semiconductors domestically. Rumble (+0.94%) gained after it said it plans to operate 2 core businesses-- video platform Rumble and AI-infrastructure business Quake AI. Kroger (-8.43%) slumped after CFO David Kennerly said Q2 Adj EPS will be in line with last year's results. Smith & Wesson (+17.12%) soared after the gun maker beat estimates. Oklo (+4%) and Centrus rose after they signed a letter of intent for Centrus (+12.38%) to supply uranium to power up to 5 of Oklo's powerhouses for multiple years.