Britain will have a seventh prime minister in a decade following yesterday’s resignation by Sir Keir Starmer. Newly elected Makerfield MP Andy Burnham could be handed the keys to No.10 in less than a month time should no challenger step forward. SpaceX sheds almost half a trillion dollars of its market cap in Monday’s session with further sell-offs seen among other tech mega-caps. South Korea’s KOSPI triggers circuit breakers during the Asian session with Wall Street braced for more tech losses today. U.S. Vice President JD Vance hails peace talks with Iran in Switzerland as Washington waives sanctions on Iranian oil exports for 60 days. However, Tehran disputes claims it will be providing international nuclear inspectors access to its operations.

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