Saudi outlet Alhadath, citing sources, said a Hamas delegation will meet the chairman of the peace committee in Cairo tonight.

Huatai Macro says markets have shifted from pricing dovish cuts to a more hawkish near-term stance after Kevin Warsh’s appointment as Fed chair. With forward guidance abandoned, expectations are highly split and pricing is more difficult; focus will move from words to actions. Based on past chair transitions, the current macro backdrop and Warsh’s need to build credibility, Huatai assigns a slightly >50% probability of a July rate hike (versus the market’s ~40%) and sees a near-100% chance of a hike before September. From the new-chair/market interaction, the aggregate cost of hiking in July may be lower.

SK Hynix (SKHY.O): long-term agreements will enhance medium- to long-term demand visibility.