WS #9890
No material new developments in the last 30 minutes. The dominant narrative remains the US-Iran peace deal and its implications for energy markets and risk appetite, with no new data points or counter-signals to report.
Key developments
- US-Iran peace deal expected Friday; Strait of Hormuz reopening could see 50% of prewar traffic within 30 days
- Netanyahu defies US-Iran deal, says Israel will maintain occupation in Lebanon and Syria
- Qualcomm in talks to acquire AI chip startup Tenstorrent for $8-10B
- Oil prices fall >$4/barrel; JP Morgan says falling oil is massive tailwind for global stocks
- Russian air attack on Kyiv kills several, sets historic monastery ablaze
- Ukrainian drone strikes halt Tatneft refinery in Nizhnekamsk
- B-52 bomber crashes at Edwards Air Force Base
- FDA approves Tzield (teplizumab) for pediatric type 1 diabetes