WS #13324
No material new developments in the last 30 minutes. The dominant narrative remains unchanged: US-Iran de-escalation with oil price declines and equity gains, Amazon's $3 trillion market cap milestone, and yen intervention risks. No counter-signals or new data points have emerged to alter the prevailing market view.
Topics
Key developments
- Trump calls off Iran strikes, oil prices plunge over 5%
- Amazon market cap tops $3 trillion on AWS growth
- US-Japan yen intervention via euro-selling sparks carry trade fears
- Pentagon triples Patriot and quadruples THAAD production
- OPEC+ approves 188,000 bpd production increase for September
- Coldcard wallet hack drains ~$89M in bitcoin, sparking self-custody fears
- US manufacturing PMI expands at fastest pace in 4+ years
- Rising memory chip costs push up GPU, MacBook, and Xbox prices