WS #7130
No material new developments in the last 30 minutes. The previous synthesis remains current with no new data points or counter-signals to report.
Key developments
- Senate confirms Kevin Warsh to Fed Board, clearing path for him to become Chair as soon as Wednesday
- FDA Commissioner Marty Makary resigns, creating healthcare regulatory uncertainty
- Iran's Kharg Island oil shipments halt for first prolonged period since war started; oil prices surge
- Trump claims Iran agreed to forgo nuclear weapons; departs for Beijing summit with Xi
- ECB rate hike probability rising per Bundesbank President Nagel
- SanDisk and Micron stocks plummet on Korea shockwave battering memory boom
- Junk-rated firms rush to reprice debt as loan demand surges
- eBay rejects GameStop's $56B bid as 'neither credible nor attractive'