Executive brief
Global markets opened flat to slightly lower as the dollar slipped against most majors while the yen held near intervention levels after renewed US‑Iran hostilities. Tech‑heavy indices showed modest weakness, with the NASDAQ‑100 and S&P 500 edging down, while European gauges led losses; commodities were mixed, oil gaining on supply concerns and gold inching higher on safe‑haven demand. Looking ahead, the focus shifts to Asian FX reserve data and European inflation releases, which could shape risk appetite for the rest of the session.