WS #13630
No material new developments in the last 30 minutes. The dominant narrative (US labor market contraction, Fed hold expectations, gold surge, Hormuz de-escalation) remains unchanged with no new data points or counter-signals. Key developments array is empty.
Topics
Key developments
- July nonfarm payrolls contract by 23K, prior months revised down 103K, flipping Fed hike odds to hold
- US official expects Iran-Oman Hormuz deal soon, will lift blockade once shipping restored
- Trump renews push to fire Fed Governor Lisa Cook, second attempt after Supreme Court blocked earlier effort
- Trump announces $3B mining projects, $2B loans to battery/mineral companies, and rare earth magnets push
- US Senate passes Russia sanctions bill (86-11) with up to 500% tariffs on Russian energy imports
- SpaceX stock surges 13% on Argus upgrade, Q2 revenue +92%, $14.1B AI contracts
- Palantir stages best week since 2024 on AI demand
- AMD acquires Taalas, AI inference chip startup, third AI acquisition in nine months