Daily Digest — 14 Jun 2026

Markets surged on precious metals as geopolitical uncertainty gripped global attention, with Trump announcing a US-Iran peace deal to be signed Sunday while Tehran cast doubt on the timing. Gold jumped 3% to $4,238 and silver soared 6.2% as investors hedged against Middle East volatility, even as oil fell 3.2% on hopes the deal could ease tensions in the Strait of Hormuz. The UAE firmly denied reports of unlocking frozen Iranian funds, adding to uncertainty around the negotiations.

SpaceX’s historic $2 trillion IPO dominated tech headlines, making it the sixth most valuable US company while holding $1.3 billion in bitcoin reserves. Bitcoin gained 1.3% to $64,342 as the listing brought institutional crypto exposure to new heights. However, AI developments sparked concern as Anthropic suspended access to new models, raising questions about AI safety filters after warnings that crypto’s next billion-dollar hacker may move at superhuman speed.

The UK secured an £18 billion investment deal with Japan, boosting sterling sentiment despite a slight 0.1% decline to $1.34. Meanwhile, over 100 UK MPs called for cancelling a London real estate event over concerns it promoted Israeli settlement sales. In sports, Iraq’s striker Aymen Hussein’s World Cup journey highlighted resilience in football, while Scotland marked their World Cup return with victory over Haiti.