Signal

Good morning. Trump's signaling a rapid withdrawal from what appears to be an escalating conflict with Iran, promising to end things within 2-3 weeks whether there's a deal or not. Markets are breathing a sigh of relief with Asian stocks surging and oil pulling back from $105 levels, though energy prices remain elevated and there's growing concern about the risks of any ground war escalation. Meanwhile, the global economy is proving surprisingly resilient despite ongoing trade tensions, though the energy shock is unfortunately bringing coal back into fashion as countries scramble for reliable power sources. Closer to home, Chancellor Reeves is hinting that energy bill support will be income-based but won't arrive until autumn, leaving households to weather the current spike on their own for now. On the tech front, Anthropic is having a standout month while Salesforce is rolling out 30 new AI features for Slack, and there's exciting news from space as crowds gather in Florida for the historic Artemis launch that aims to return humans to the moon. The NHS is also expanding weight-loss injection access to over a million people at risk of heart attacks and strokes.