WS #7969
No material new developments in the last 30 minutes. The dominant narrative remains the Warsh swearing-in and hawkish rate expectations, with no counter-signals or de-escalation observed.
Key developments
- Kevin Warsh sworn in as Fed Chair; bond traders fully price in rate hike
- Ukraine drone strikes hit Syzran and Yaroslavl refineries, disrupting fuel production
- IEA Chief Birol: Agency ready to coordinate further strategic oil reserve releases if necessary
- Uber studying full takeover of Delivery Hero
- WHO declares Ebola outbreak in Congo and Uganda a public health emergency
- Nine Western nations warn Israel to end settlement expansion and violence
- Nvidia crushes earnings but AI chip supply crunch looms
- Frontline CEO says Hormuz chaos supercharged tanker profits