币界网报道：Headlines: Dollar extends gains in early European trading Dollar strength not driven by repricing of rate expectations Israeli military says it has begun a series of strikes on Tehran Oil tankers change course as they approach Strait of Hormuz Kremlin says US strikes on Iran increase number of participants in conflict Iranian military says US will face 'serious consequences' France June flash services PMI 48.7 vs. 49.2 expected Germany June flash manufacturing PMI 49.0 vs. 49.0 expected Eurozone June flash services PMI 50.0 vs. 50.0 expected UK June flash services PMI 51.3 vs. 51.3 expected Markets: The dollar led gains, while the NZD lagged on the day European stocks lower; S&P 500 futures fell 0.1% U.S. 10-year Treasury yields rose 0.8 basis points to 4.383% Gold rose 0.3% to $3,377.58 WTI crude oil rose 0.6% to $74.39 Bitcoin rose 0.3% to $101,307 The dollar was higher on the day, but the broader market seemed to be taking the U.S. intervention in the Iran-Israel conflict in stride to start the new week. The weekend news hit risk sentiment in early Asian trading and caused oil prices to surge at the start of today's session. But as we head into the European trading session, many of the concerns have faded and even filled the early gains gap during the trading session. U.S. stock futures fell about 0.2% at the Asian handover, then rose about 0.3%, and are now slightly lower again. This also caused European stock indices to briefly pare losses, and are now trading slightly lower on the day. As for oil, WTI crude hit highs of over $77 in early Asian trading before retreating to around $75 as we head into early European trading. This didn’t last long, with prices falling to lows of $73.75, with the decline being supported by the 100-hour moving average. If anything, it suggests that the broader market isn’t entirely convinced that Iran can stop the action in the Strait of Hormuz. But at the same time, there are also concerns about short-term disruptions and further escalation of the conflict. On the FX front, the dollar was largely stable early in the session before rising across the board. In particular, the USD/JPY rose from 147.00 to 148.00 during the session as traders also assessed the potential impact of oil market disruptions on the Japanese economy. Beyond that, the dollar’s strength only added to the gains, with the EUR/USD also down 0.5% to 1.1465 and the GBP/USD down 0.6% to 1.3370. Commodity currencies fared little better, with USD/CAD up 0.4% to near 1.3800 and AUD/USD down 1.1% on the day to 0.6375. For now, it’s all about headline risk as markets assess the ongoing impact of the Iran-Israel conflict. But once that slowly blows over, remember that we still have trade disputes to focus on, with Trump’s tariff deadline approaching on July 9. Plus, there’s the potential for month-end shenanigans later this week.