WS #6351
No genuinely new market-moving developments in the last 30 minutes. The dominant narratives from the previous synthesis remain unchanged: US-EU tariff escalation, Spirit Airlines shutdown, Apple earnings, Iran tensions, and Trump Media merger talks continue without material updates or counter-signals.
Key developments
- Trump announces 25% tariff on EU cars and trucks, escalating trade war
- Spirit Airlines begins shutdown after bailout talks fail
- Apple delivers stellar Q2 earnings, stock reaches new highs
- Trump 'not satisfied' with Iran's latest peace proposal; Strait of Hormuz remains blocked
- Trump Media considers spinning out Truth Social and merging with TAE Technologies