Market news for June 11, 2026: Asian markets slumped, as a hot U.S. inflation report fuelled Wall Street selloffs. Simultaneously, renewed US strikes on Iran forced the closure of the Strait of Hormuz, driving Brent crude prices higher and deepening geopolitical and economic instability.

Synopsis: Market Focus Daily is a closing bell roundup by The Business Times that looks at the day’s market movements and news from Singapore and the region.

Written by: Howie Lim (howielim@sph.com.sg)

Produced and edited by: Chai Pei Chieh & Claressa Monteiro

Produced by: BT Podcasts, The Business Times, SPH Media

Produced with AI text-to-speech capabilities

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