WS #7679
No material new developments in the last 30 minutes. The dominant narrative remains the US-Iran standoff and elevated oil prices, with the de-escalation signal from Trump calling off a planned attack still the most recent counter-signal. No new data points or cross-source corroboration have emerged to change the outlook.
Key developments
- Trump postpones planned Iran strike, oil eases
- UK warns of global food crisis from Strait of Hormuz closure
- Memory chip stocks sell off on Seagate supply concerns
- Dollar softens as Fed expectations and oil remain in focus
- Intel foundry momentum carries forward