WS #10602
No material new developments in the last 30 minutes. The dominant narrative remains unchanged: political uncertainty from Trump's housing bill veto, weak housing data, geopolitical tensions with Ukraine-Russia and Houthi sanctions evasion, energy market divergence (inventory draw vs. price decline), gold weakness, tech sector focus on AI chip news and Micron earnings, and Bitcoin/MSTR selloff. No counter-signals or de-escalation observed.
Topics
Key developments
- Trump cancels housing bill signing, Johnson says he expects signing within 10 days
- Ukraine strikes oil depots in Kerch and Port Kavkaz, disables S-400 systems
- Oil prices slide 4.5% despite larger-than-expected crude inventory draw
- Gold falls below $4,000 for first time since November
- OpenAI unveils custom AI chip 'Jalapeño' built with Broadcom
- Bitcoin breaks into 'BTC is dead' zone near $62,500; ETP outflows turn negative
- Chemours agrees to $450M PFAS settlement, shares rise
- 30-year yield plunges 8bps, TLT rallies 1.4%