WS #13191
No material new developments in the last 30 minutes. The dominant US-Iran conflict narrative remains ESCALATING with no counter-signals or de-escalation reported. The AI trade bottoming and Fed narrative are unchanged from the previous synthesis.
Topics
Key developments
- LNG tanker Gaslog Shanghai struck in Strait of Hormuz, US embassies urge departure
- Iran threatens to close other chokepoints, Trump orders more strikes on energy infrastructure
- Microsoft and Amazon earnings drive semiconductor recovery, Apple falls on component shortage
- 10-year Treasury yield above 4.7%, J.P. Morgan drops rate bombshell over Warsh and inflation