WS #9811

The dominant signal in this window is the confirmed US-Iran peace deal, announced by Pakistan's Prime Minister and corroborated by multiple sources including Bloomberg, Axios, ABC Australia, CBC, and Reuters. Trump has confirmed the deal is complete, the Strait of Hormuz will open, and the US naval blockade is lifted. This is a major de-escalation of a conflict that had disrupted global oil markets and raised geopolitical risk. The deal includes a permanent ceasefire on all fronts, including Lebanon, with a signing ceremony scheduled for June 19 in Switzerland. This development counters the prevailing bearish thesis on energy and geopolitical risk, and is likely to drive oil prices lower, boost equities (especially transport and consumer discretionary), and strengthen risk currencies. The narrative arc is a sharp ESCALATION of the peace process from rumors to confirmed deal, reversing the prior conflict trajectory. No other significant market-moving signals were detected in this window; most other messages are noise (sports, obituaries, spam, routine market commentary).