WS #8055

The dominant narrative remains the US-Iran ceasefire deal, which is now escalating with multiple sources reporting that a draft peace proposal has been agreed and an announcement is expected within 24 hours. This is corroborated by Washington Times, a source close to negotiations, and multiple social media posts. The potential deal includes reopening the Strait of Hormuz and Iran turning over enriched uranium, which would significantly impact oil prices and related sectors. Separately, Uber has made a €33/share offer to acquire Delivery Hero, confirmed by the target company, which could move UBER and DHER.DE. Ukraine-Russia drone attacks continue, with a US embassy warning of a possible missile strike across Ukraine within 24 hours, adding geopolitical risk. Tesla (TSLA) is back under its 200-day moving average with an 11% pullback from Thursday's high, a bearish signal for the stock. Bitcoin is showing signs of potential outperformance versus traditional assets according to analyst commentary, but prices are slightly down in the window.