WS #13435
No material new developments in the last 30 minutes. The dominant narrative remains the escalating optimism over a potential US-Iran deal to reopen the Strait of Hormuz, with the hawkish Fed counter-signal from Schmid still in play. No new data points have emerged to alter the prior synthesis.
Topics
Key developments
- US-Iran deal to reopen Strait of Hormuz could be announced today or tomorrow, Treasury Secretary Bessent says
- Fed's Schmid warns inflation 'too high' and 'worrisome', AI investment driving up prices, tighter policy needed
- SpaceX beats revenue estimates but stock falls on massive AI capex; commits exclusively to Nvidia GPUs
- Palantir surges 29.5% after 'otherworldly' Q2 earnings, revenue up 93%
- Iran says Oman talks alone cannot restore Strait of Hormuz without US halt to attacks