SpaceX (SPCX.O) shares fell for a third straight session, intraday losses widening to 10%.

Nikkei reports JERA, Japan's largest power company, plans to build a large gas-fired power plant in the US.

USD/JPY briefly rose above 161.90 before plunging to 161.20; bids then lifted it back to 161.65. Japanese officials have repeatedly warned they are closely monitoring the market. Last Friday produced the highest weekly close in 40 years, and the reported end of the Iran war appears not to have eased pressure. Earlier gains broke June resistance at 161.80, but the July intraday high of 161.94 remains unbroken though under threat. With Japan's Ministry of Finance under pressure, yen trading is likely to remain volatile.