WS #10763
No material new developments in the last 30 minutes. The Ukraine-Russia conflict escalation, oil supply dynamics, and tech sector weakness remain the dominant themes, but no new data points or counter-signals have emerged to alter the previous narrative.
Topics
Key developments
- Crimea declares state of emergency after Ukraine strikes energy grid; Lukashenko heads to Russia for Putin talks
- Oil heads for weekly decline despite Hormuz ship attack; Brent below $72.48
- Iraq's oil ministry says OPEC has begun gradually restoring Iraq's pre-war production allocations
- MSFT showing relative strength with lowest EV/EBIT since 2017; options flow bullish on AVGO, MU, SNDK
- Venezuela earthquake death toll reaches 589; significant damage to oil infrastructure
- Rocket Lab rises on NASA selection for PolSIR and TSIS-2 launch services
- DraftKings launches proprietary prediction markets exchange DKeX
- US consumer sentiment rises but remains near record low (final June 49.5)