WS #10090

From 500 msgs · 9 key-dev

No material new developments in the last 30 minutes. The Ukraine-Russia conflict remains escalated with the second refinery strike, while the US-Iran peace deal continues to counterbalance oil supply fears. No new data points or counter-signals have emerged.

Topics

Key developments

  • Ukrainian drones strike Moscow oil refinery for second time in a week
  • US and Iran sign MOU to reopen Strait of Hormuz, oil prices slide over 3%
  • SNB holds rates at 0%, flags high geopolitical uncertainty and increased intervention readiness
  • Robinhood receives three price-target hikes after layoffs, stock up 10.7%
  • Trump confirms Apple will build chips with Intel, joining Nvidia and Tesla in US manufacturing push
  • Norway central bank signals further rate hikes, raises rate forecasts
  • US gasoline prices dip below $4/gallon for first time since March as Iran deal eases supply fears
  • Gaza ceasefire deaths surpass 1,000; Israeli soldier killed in Hezbollah attack