WS #9460
No material new developments in the last 30 minutes. The dominant narratives from the previous window (US CPI, SpaceX IPO, Middle East tensions, Ukraine strikes) remain unchanged with no new data points or counter-signals. The inflation narrative is STABLE, and geopolitical tensions show no de-escalation.
Key developments
- US May CPI rises to 4.2% YoY, core CPI MoM below expectations at 0.2%
- Gulf wealth funds order billions in SpaceX IPO shares; CIBC launches CDR for Canadian investors
- Trump threatens new strikes on Iran; Kuwait air defenses engage after Iranian retaliation
- Ukraine strikes military plant 900 km inside Russia and Kuibyshev oil refinery
- TSMC reports record May revenue, +30.1% YoY, confirming AI semi demand strength