Gulf Missile Strikes, Yen at 160, and SpaceX's Record-Breaking IPO Dominate Asia-Pacific Markets
Asia-Pacific markets
Australia GDP
Gulf conflict
Iran missile strikes
oil prices
SpaceX IPO
US tariffs
USD/JPY intervention
Iran fired at least 10 ballistic missiles at US bases in Kuwait and struck Bahrain, Saudi Arabia and Dubai, sending oil prices sharply higher. USD/JPY hit 160, triggering verbal intervention from Japan's finance minister. Australia's Q1 GDP missed forecasts at 0.3%, while SpaceX set a $135-per-share IPO target to raise a record $75 billion....
Jun 03, 2026