WS #14353
Holding: newest synthesis is 36d old
The US-Iran conflict remains escalated with no new strikes or diplomatic moves reported, oil prices hold above $90, and the Fed rate-hike narrative is unchanged. China PMI and property sector signals are stable.. This window carries 5 key development(s), 3 at significance:high: US strikes Iranian rocket launchers on Larak Island; Iran retaliates with missile attacks on US bases in Jordan; Brent crude crosses $90/barrel as Strait of Hormuz traffic collapses to 5 vessels/day; Fed Chair Warsh signals possible rate hike; September odds rise to 60%. A further 2 development(s) sit below significance:high.
Topics
Key developments
- US strikes Iranian rocket launchers on Larak Island; Iran retaliates with missile attacks on US bases in Jordan
- Brent crude crosses $90/barrel as Strait of Hormuz traffic collapses to 5 vessels/day
- Fed Chair Warsh signals possible rate hike; September odds rise to 60%
- China August PMI improves to 49.8 but remains in contraction; housing measures boost real estate
- US plans to sanction another bank this week to intensify economic pressure on Iran