WS #10568

The dominant narrative from the previous window—US-Iran de-escalation and Ukraine strikes on Russian oil infrastructure—remains stable with no material new developments. The data dump is overwhelmingly noise: sports betting, spam, and routine financial filings. The only actionable signal is the Asian tech rebound after a global rout, with Samsung Electronics up 9% and SK Hynix gaining 4% as Wedbush's Dan Ives sees no cracks in AI demand. This counters the bearish tech thesis from the previous window. Separately, the BOJ hawkishness from the prior window carries forward as a high-significance positive. The Strait of Hormuz situation continues to ease with tanker traffic increasing, dampening oil supply fears. Overall, the window is low-signal; the tech rebound is the only development with potential to move markets in the next 1-8 hours.