Warsh’s Debut Slows the Record Chase – Wall Street Hesitates Ahead of the First Interest Decision of the New Fed Chair – SpaceX Euphoria Continues – Oil Price Collapses After US-Iran Peace Deal - Bank of Japan Raises Interest Rate to Highest Level Since 1995 – DAX Once Again Struggles With the 25,000 Mark, Gea Impresses With Buy Recommendation – Memory Stocks Remain in an AI Frenzy

USA & MACRO-OUTLOOK Wall Street stands still ahead of the first interest rate decision under new Fed Chair Kevin Warsh After a rally that brings the S&P 500 within sight of its record high, the upward movement stalls: Futures show a slightly defensive trend at -0.1%. The driver of the consolidation is a renewed drop in the oil market – WTI loses 2.0% to $79.13, Brent (-4.5%) briefly falls below the $80 mark. The prospect of reopening the Strait of Hormuz and thus additional supply weighs on prices and pulls bond yields down;...