The dollar fell to a four-month low as sliding US yields and rate-cut bets boosted haven demand. Gold hit a record above $5,100. The yen strengthened amid speculation of possible joint US–Japan action to steady markets, with Tokyo pledging an “appropriate” response to disorderly moves.

After a fatal incident involving federal agents in Minneapolis, the White House’s immigration drive faces heavy criticism. Several Republicans have broken ranks, while Democrats warn of a shutdown to force changes. Protests have grown nationwide as pressure builds for accountability.

Gold surged to multi‑year highs as investors fled to haven assets, sending the dollar lower. Uncertainty stoked by Trump’s Greenland manoeuvres and erratic policy signals shifted market mindset, giving the metal its best week since 2008.

SpaceX is working with major Wall Street banks, including Bank of America, Goldman Sachs, JPMorgan and Morgan Stanley, on a potential record IPO as soon as this year. The move follows a sharp rise in valuation, with investors focused on the growth prospects of Starlink and launch services.