Iranian president warns of revenge after ‘cowardly’ killing

That’s a wrap – thank you for reading The Australian Financial Review blog today. Some of our stories included:

• Iran says Hamas leader Ismail Haniyeh assassinated in Tehran: Haniyeh was in Tehran to attend Iran’s President Masoud Pezeshkian’s swearing-in ceremony. No one immediately claimed responsibility for the assassination, but suspicion immediately fell on Israel.
• Relief rally sweeps market after cool inflation tempers rate fears: Shares rallied, the Aussie dollar fell, and bond yields tumbled after core inflation prompted traders to rapidly start pricing in a rate cut in Australia.
• Trump, Harris launch multimillion-dollar attack ads: The presidential candidates are trying to land blows with costly advertisements as the election is reset with the new Democratic candidate.