WS #13245
No material new developments in the last 30 minutes. The dominant narratives (US-Iran de-escalation, AI selloff) remain unchanged with no new data points or counter-signals.
Topics
Key developments
- Iran denies any Hormuz agreement, contradicting Trump's claim of a deal
- OPEC+ approves 188,000 bpd September output hike, but supply remains constrained
- Apple warns of significantly larger supply constraints next quarter; JP Morgan cuts price target
- Hedge funds sold tech at historic pace ahead of Situational Awareness fire sale
- Japan and US expected to intervene again in FX markets on Monday