Anthropic’s Claude Mythos Preview had generated unusual attention and alarm after the company said the unreleased model can find and exploit zero-day flaws across major operating systems and browsers, leading it to limit access through Project Glasswing instead of a public launch. Reuters says US, Canadian, and British officials have already briefed bankers on the cyber risk, as regulators brace for AI-supported attacks on financial systems. Anthropic and Reuters also say Mythos uncovered thousands of high- and critical-severity vulnerabilities, which could slash the skill needed for attacks and make large-scale breaches far more dangerous.

EQUITY

Stock gains over 1% ahead of a major earnings call while positioning for a U.S.-Iran resolution, lifting the S&P 500 back above pre-war levels. Technology and software stocks led the advance, with Oracle’s gaining 13% on its AI announcements. However, early earnings were mixed, as Goldman Sachs declined even with a profit beat, highlighting residual concerns around inflation, rates, and uneven corporate performance.

GOLD

Gold recovered from Monday's gap down toward $4,760 due to reinstated US-Iran diplomatic efforts that lifted sentiment after recent flops. A softer U.S. dollar and lower oil prices below $100 had also boosted gold by easing inflation fears and minimising chances of a tighter central bank policy. Gold remains roughly 10% lower since the conflict began, with traders now focused on upcoming U.S. producer price data and the Federal Reserve’s April decision.

OIL

Crude oil dug below $100 after renewed US-Iran talk hopes erased immediate supply fears, although the Hormuz blockade worsened. Prices continue to be decided by diplomacy headlines, but the market is still tight as disrupted flows, falling OPEC output, and reduced tanker traffic constrain supply. Analysts warn the underlying supply squeeze is intensifying and not fully priced in.

CURRENCY

The dollar traded near six-week lows and headed for a seventh straight decline as optimism drove capital into riskier assets while dominance as a reserve asset fell. The euro and pound grew, while the yen stayed vulnerable on a weaker policy outlook and rising trade risks. Treasury yields, especially those of longer terms, fell, potentially bringing back a cut later this year.