WS #7973
No genuinely new material developments in the last 30 minutes. The dominant narratives from the previous window—Warsh Fed chair, Strait of Hormuz closure, copper tightness—remain unchanged with no new data points or counter-signals. The window is dominated by noise and routine updates.
Key developments
- Trump tells Warsh 'do your own thing' as Fed Chair, reinforcing hawkish independence
- Trafigura withdraws hundreds of millions of dollars of copper from LME warehouses
- Uber evaluating full takeover of Delivery Hero to compete with DoorDash
- Tulsi Gabbard resigns as Director of National Intelligence