Investors navigate conflicting signals as Tehran rejects new peace talks with the US, and the Strait of Hormuz closes again.
Business
Retail buyers shift towards gold coins as jewellery consumption falls 24% while investment demand rises to its highest since 2013.
The Liberal government securing a parliamentary majority strengthens the response to the US trade war launched by Donald Trump.

Iran rebuffs Trump’s announcement of new peace talks
Tehran cites unrealistic expectations, constant shifts in stance and a blockade it deems a ceasefire breach.
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Adzhar Ibrahim
Finding the funny in the serious (and the vice in the versa…)
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