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 shines 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 USD, Brent (-4.5%) briefly falls below the 80 USD mark. The prospect of reopening the Strait of Hormuz and thus additional supply weighs on prices and pulls bond yields down;...