WS #8793

The dominant signal in this window is the escalating US-Iran crisis, with Japan's PM Takaichi calling for safe passage of vessels in her third phone call with Iran's President, indicating ongoing diplomatic efforts but no resolution. The USTR announced proposed 25% tariffs on all imports from Brazil, citing digital trade policies and illegal deforestation, which is a new trade war escalation. Nvidia announced entry into the PC and server CPU market, directly challenging Intel and AMD, a major competitive shift. Cathie Wood sold $56M in AMD shares and bought $67M in Nvidia stock, reinforcing the Nvidia bullish narrative. Aluminum hit a four-year high on Iran tensions. Russian airstrikes on Kyiv killed at least 3, with reports of residential building collapses, escalating the Ukraine conflict. The narrative arc is ESCALATING for US-Iran tensions and Ukraine-Russia conflict, and NEW for US-Brazil trade war and Nvidia CPU entry.