News Summary

• World markets turned quieter on Tuesday after yesterday's equity rally and oil price decline.
• Palantir beat estimates overnight, largely thanks to large government contracts, lifting the tech group's stock more than 10% in extended trading.
• Meanwhile, the yen story went somewhat quiet after Tokyo and Washington's heavy joint intervention to lift the ailing Japanese currency last week.
• Later today, SpaceX's earnings, due after the bell, will shed light on Starlink profits and how far they can bankroll the rocket maker's growing AI capex.
• And, finally, the week's u.s. labor market releases will kick off later today with job openings data for June, ahead of the July employment report on Friday.