WS #8050

The dominant narrative remains the US-Iran nuclear deal negotiations, which are now showing concrete signs of progress. Multiple sources corroborate that an interim deal is in its final phase, with a Pakistani official stating it is 'fairly comprehensive to terminate the war' (Reuters). Trump says Iran is 'getting a lot closer' to an agreement, and US and Iranian officials signal progress amid a fragile ceasefire (NBC, NPR). However, a counter-signal emerges: Netanyahu privately urged Trump to strike Iran again (Axios), and Iran threatens that consequences of a renewed war would be 'even more crushing' (Reuters). Polymarket data shows heavy trading on US-Iran peace deal contracts, confirming market attention. The SpaceX Starship V3 successful test flight is a key milestone ahead of a potential June IPO, with implications for the space and defense sector. A Hezbollah drone strike killed an Israeli soldier, and Ukrainian drone attacks continue to hit Russian oil infrastructure, keeping energy supply risks elevated. The JPMorgan analysis flags a potential -15% NII shock echoing 2008, a significant bearish signal for the banking sector. The Boeing not guilty verdict in the 737 MAX fraud case is a positive catalyst for BA. The ASTS options chain shows massive open interest for June, suggesting a potential squeeze. The Uganda Ebola cases are a developing health risk but limited direct US market impact.