WS #9828
No genuinely new developments in the last 30 minutes. The US-Iran peace deal narrative remains dominant with no additional details or counter-signals. The Russia-Ukraine conflict continues but no new escalation reported. Market movements are consistent with the previous synthesis.
Key developments
- US and Iran reach peace deal; Strait of Hormuz to reopen Friday
- Oil prices plunge 4% on peace deal; Brent below $84, WTI below $81
- Asian stocks surge: Nikkei +5.1%, Kospi +5.7%, Hang Seng +0.8%
- Treasuries rally, 10-year yield falls 5 bps to 4.423% on reduced inflation fears
- Russia launches massive drone attack on Kyiv, hitting historic monastery