WS #10569

The data dump is overwhelmingly noise—sports betting, spam, and routine financial filings dominate. The only actionable signal is the Asian tech rebound after a global rout, with Samsung Electronics up 6-9% and SK Hynix gaining 3-4% as Wedbush's Dan Ives sees no cracks in AI demand. This counters the bearish tech thesis from the previous window. Separately, the US Senate voted 50-48 to pause the Iran war, a rare rebuke to Trump that dampens geopolitical risk and oil supply fears. The Strait of Hormuz situation continues to ease with tanker traffic increasing. Australia's May CPI data showed trimmed mean at 3.6% y/y, in line with expectations, providing no new impetus for RBA policy. Overall, the window is low-signal; the tech rebound and Iran pause are the only developments with potential to move markets in the next 1-8 hours.