WS #13662
No material new developments in the last 30 minutes. The dominant narrative remains unchanged: US-Iran de-escalation, Ukrainian drone strikes on Russian refineries, the Lindsey Graham sanctions bill, and Nvidia's investment in Lancium. No counter-signals or new data points have emerged to alter the market outlook.
Topics
Key developments
- Iran and Oman finalize framework for Hormuz shipping deal; US expects deal soon and will lift blockade
- Ukraine launches major drone attacks on Russian oil refineries, including Yaroslavl
- US Senate passes Russia sanctions bill that could impose up to 100% tariffs on buyers of Russian oil
- Nvidia to invest up to $3 billion in Lancium for Stargate data centre campus
- Amazon builds massive gas power plant in Texas for data centers, confirming AI capex surge
- Apple integrates Alibaba's Qwen model into Apple Intelligence in China
- US jobs report shows unexpected loss of 23,000 jobs in July, reducing rate hike expectations