WS #10962
No genuinely new material developments in the last 30 minutes. The dominant theme of US-Iran de-escalation remains unchanged, with no new data points or counter-signals. The Ukraine-Russia conflict and other macro events are stable. The MAG7 underperformance narrative persists without contradiction.
Topics
Key developments
- US and Iran agree to ceasefire, peace talks to resume
- US equity futures climb on US-Iran de-escalation
- Oil prices rise on Hormuz tensions but ceasefire expected to unleash supply
- Putin acknowledges fuel shortages due to Ukrainian drone attacks on refineries