WS #8232
No material new developments in the last 30 minutes. The dominant narrative remains the de-escalation in US-Iran tensions with oil price declines and equity futures gains, partially offset by ongoing military incidents. No new data points or counter-signals have emerged to alter the previous assessment.
Key developments
- US-Iran deal largely negotiated, Strait of Hormuz to reopen
- Iranian air defenses shoot down US drones, including MQ-9A Reaper
- Netanyahu says Israel to intensify attacks on Hezbollah
- Asian stocks set to extend gains on US-Iran hopes