WS #9993
No material new developments in the last 30 minutes. The dominant US-Iran peace deal narrative remains stable with no new data points, and other previously noted themes (US-China tech de-escalation, BOJ rate hike, SpaceX IPO speculation) show no fresh signals. The Israel-Lebanon violence continues but without escalation or new market-moving details.
Key developments
- SpaceX to acquire AI coding startup Cursor for $60 billion in stock
- US holds off blacklisting DeepSeek and CXMT, avoiding escalation with China
- Russia restricts gasoline and diesel sales across 53 regions due to Ukrainian drone strikes on refineries
- BOJ raises interest rates to 31-year high, advancing policy normalization
- Trump criticizes Netanyahu over Lebanon strikes, complicating US-Iran deal rollout
- Strait of Hormuz traffic remains minimal; only 7 vessels passed since deal, 580 ships waiting
- Senate Republicans reject resolution blocking further Trump strikes on Iran