EU plans a 15% tax on aluminium scrap exports, FT reports citing sources; aims to prevent supply shortfall for domestic players

UAE sends an alert to ignore the earlier missile warning

Earthquake near Yamanashi Prefecture, Japan; reported magnitude 5.6 near Tokyo

EU plans a 15% tax on aluminium scrap exports, FT reports citing sources; aims to prevent supply shortfall for domestic players

UK June year-ahead inflation expectations 3.8% (vs. 4.7% in May), longer-term inflation expectations 3.9% (vs. 4% in May), according to Citi/YouGov poll

[MARKET UPDATE] Crude jumps and accompanying moves seen across markets on the UAE missile threat. However, the vast majority of the move has unwound as the UAE says the situation is now safe.