Morning Report
5h ago
A market tracking when traffic at the Strait of Hormuz would return to normal reacted to reporting from the Financial Times, which indicated that a backlog could take weeks to clear following a US-Iran deal. Separately, the market for who would be Trump's next Director of National Intelligence moved following news from The Hill that the Senate was preparing for the nomination of Clayton for the DNI position, amidst ongoing FISA talks.
Economics
The market tracking the number of rate cuts in 2026 saw two distinct downward movements. One market moved from 0.68¢ to 0.51¢, and another from 0.694¢ to 0.378¢. No clearly matching news surfaced around either of these moves.
Tech & AI
A market tracking the "Disclosure Day" Rotten Tomatoes score moved upward, from 0.09¢ to 0.23¢. No clearly matching news surfaced around this move. Additionally, the market for the GTA 6 release date moved downward, from 0.8¢ to 0.57¢, with no clearly matching news surfacing around this development.