WS #10191
No material new developments in the last 30 minutes. The dominant narrative remains the Israel-Hezbollah ceasefire and unresolved Strait of Hormuz situation, with no new data points or counter-signals to report.
Topics
Key developments
- Israel and Hezbollah agree to ceasefire, dampening geopolitical risk
- Iran moves to control Strait of Hormuz transit with mandatory insurance scheme; Brent up 3.3%
- Major flaring event at ExxonMobil Baytown refinery due to Tropical Storm Arthur
- Goldman Sachs cuts year-end gold target by $500 to $4,900
- Canadian regulator lowers capital requirements for big banks
- AbbVie closing in on $11B deal for Apogee Therapeutics
- Salesforce disables Klue app integration after OAuth token abuse exposes customer data