WS #13209
No material new developments in the last 30 minutes. The dominant US-Iran conflict narrative remains unchanged with no new corroborating details, counter-signals, or de-escalation signals. The Apple post-earnings situation and the Bessent JPY note are also unchanged. The situation is STABLE with no new actionable market-moving information.
Topics
Key developments
- Trump orders new offensive against Iran as soon as this weekend
- Iran drone barrage hits Kuwait, expanding conflict geography
- LNG tanker Gaslog Shanghai attacked in Strait of Hormuz
- Moscow restaurant explosion kills at least three, reportedly targeting military officers
- HSBC upgrades Apple to 'buy' with $366 target, countering post-earnings slump
- US Treasury reportedly plans to buy $5-10 billion JPY, first intervention since 2011