WS #6207
No material new developments in the last 30 minutes. The dominant narratives remain the UAE's OPEC exit and UBS earnings, with no counter-signals or de-escalation events. Conditions are stable.
Key developments
- UAE to exit OPEC and OPEC+ effective May 1, 2026
- UBS Q1 net profit $3.04B vs consensus $2.326B, revenue $14.243B vs $13.234B
- EU preliminarily finds Meta violates DSA by allowing under-13s on Instagram/Facebook
- World Bank projects 16% commodity price surge in 2026 due to Iran war
- Australia March CPI jumps to 4.6% from 3.7%, driven by fuel prices