WS #10056
No material new developments in the last 30 minutes. The dominant themes from the previous synthesis (Fed hawkish hold, Iran deal, corporate earnings) remain unchanged with no new data points or counter-signals to report.
Topics
Key developments
- Fed holds rates, dot plot signals hike later this year; markets sell off
- Apple to raise prices due to memory chip crunch, Tim Cook says - WSJ
- Iran deal details emerge: $300B investment, Strait of Hormuz fees; oil under pressure
- Legend Biotech launches $225M ADS offering; shares down
- Steel Dynamics Q2 guidance misses estimates; shares fall
- Paramount's $110B purchase of Warner Bros. gets China approval
- Oaktree private credit fund redemptions drop below key 5% limit
- Yen falls after Fed decision, erasing intervention gains since April