US immigration agencies under the Trump administration have awarded about $22bn in contracts since July, with Palantir and Deloitte among winners. ICE’s spending has doubled, and donor-linked Fisher Sand & Gravel has gained about $6bn. Deals cover tech, detention and logistics services.

Mining groups added $476bn in market value as metal prices rose on geopolitical jitters and a weaker dollar. Gold and silver climbed, copper hit multi‑year highs, and investors rotated into commodities. Rio Tinto and Glencore posted stronger results, buoyed by higher prices.

Washington signalled that security assurances may hinge on territorial concessions by an eastern European partner, raising concern it is being pressed into a deal. Critics doubt US commitment; officials say they seek talks. The UK and allies emphasise sovereignty and oppose rewarding coercion.

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.