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Markets Rally on US-Iran Ceasefire Speculation as Brent Crude Drops Below $100 and Israeli Shekel Hits 33-Year High
Brent slipped under $100 and the shekel hit a 33-year high as traders priced a possible US–Iran ceasefire, but the dollar's softness and the Boston Fed's higher-for-longer signal are doing more work than the diplomacy itself.

Sources
- The Star Kenya (Telegram), markets coverage, US–Iran ceasefire speculation, 6 May 2026. https://t.me/TheStarKenya/13421
- The Cradle (Telegram), regional coverage underpinning the shekel and oil analysis. https://t.me/TheCradleMedia/18807
- CoinDesk, Bitcoin retreats below $80,000, liquidating $300 million in futures bets, 8 May 2026. https://www.coindesk.com/
- CryptoBriefing (Telegram), Boston Fed President Collins warns Iran conflict fuelling inflation, 8 May 2026. https://t.me/CryptoBriefing
- VentureBeat, Anthropic hits $30 billion revenue run rate, 8 May 2026. https://venturebeat.com/
- VentureBeat, 5% GPU utilisation: the $401 billion AI infrastructure problem, 8 May 2026. https://venturebeat.com/
- TechCrunch, Cloudflare says AI made 1,100 jobs obsolete, 8 May 2026. https://techcrunch.com/
- Decrypt, Intel stock hits all-time high after preliminary chip deal with Apple, 8 May 2026. https://decrypt.co/
- The Guardian / wire, Toyota £3bn Iran war cost warning, 8 May 2026. https://www.theguardian.com/business
Desk note: Where wire desks led with the oil print and the shekel, Monexus foregrounded the macro plumbing underneath: the dollar softness doing real work on the shekel trade, the Boston Fed's higher-for-longer signal, and the AI capex correction running in parallel with the diplomatic track.
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