WS #9049
No material new developments in the last 30 minutes. The crypto rout narrative continues but with no fresh data points. No counter-signals or de-escalation observed.
Key developments
- Crypto rout deepens: Bitcoin near $61K, MSTR/MARA lose $62B
- Foxconn raises Q2 guidance, May revenue +39.57% YoY on AI demand
- China crude buying seen languishing for months as demand tumbles
- EM stocks and currencies dragged down by Korean market selloff
- UK house prices fall for third consecutive month amid Iran uncertainty
- Barclays warns AI-fueled equity rally looks increasingly extended