WS #13310
No material new developments in the last 30 minutes. The dominant themes—US-Iran de-escalation with lingering supply risks, US-Japan yen intervention, and the AI selloff—remain unchanged with no new data points or counter-signals.
Topics
Key developments
- Trump calls off Iran strikes, oil plunges 5-6% as talks resume
- Second LNG tanker (GasLog Shanghai) hit in Strait of Hormuz; QatarEnergy extends force majeure
- US-Japan joint yen intervention confirmed; yen strengthens to ~157
- AstraZeneca in talks to acquire Bristol Myers Squibb; AZN down 7%, BMY likely up
- Curium to acquire Lantheus for $102.50/share plus CVRs, valuing deal up to $8B
- KKR to acquire Integer Holdings for $127/share in $5.7B deal
- Alibaba's Qwen3.8-Max AI model released, corroborated by multiple sources
- Bitcoin remains weak near $62.5K amid Coldcard exploit and thin volume