WS #13303
No material new developments in the last 30 minutes. The dominant themes (US-Iran de-escalation, oil plunge, yen intervention, pharma M&A, Apple slide, crypto hack) remain unchanged with no new data points or counter-signals.
Topics
Key developments
- Trump cancels Iran strike, talks begin Monday; oil plunges ~5-7%
- US-Japan joint yen intervention (first since 2011) sends yen to 3-month high
- AstraZeneca shares drop ~6-7% on $400B merger talks with Bristol Myers Squibb
- Apple loses ~$500B market cap on supply shortages and weak guidance
- OPEC+ approves 188k bpd September output increase