WS #11159
No material new developments in the last 30 minutes. The dominant narratives from the previous synthesis remain unchanged: ECB Forum hawkishness, Meta cloud pivot, Citi crypto downgrade, and oil price decline. No counter-signals or de-escalation detected.
Topics
Key developments
- Fed Chair Warsh: 'If anyone thought we'd be happy with inflation above 2%, they will be disappointed'
- Meta building cloud business to sell excess AI compute, challenging AMZN, MSFT, GOOGL
- Citi slashes 12-month bitcoin target to $82K from $112K, ether to $2,240 from $3,175
- US S&P Global Manufacturing PMI June final 53.9 vs 55.7 estimate
- Russia importing gasoline from India after Ukrainian strikes on refineries