The Qatar stock market led the decline in most major Gulf markets, as the conflict between the United States and Iran escalated on the largest scale since the 60 day peace agreement was reached. The International Monetary Fund report shows that Qatar is the commodity producer most directly affected by energy output and transportation disruptions, with Qatar's QE Index falling 0.8%, Saudi Arabia's benchmark index falling 0.4%, and Dubai Financial Market General Index falling 0.2%.
Strategy launches Bitcoin native credit model to evaluate the credit risk and credit spread of debt and preferred stock issued by Strategy Treasury. This model uses BTC rating, BTC risk, and BTC credit indicators to analyze debt and preferred stocks backed by the company's $52 billion BTC reserves, with Bitcoin price, volatility, and ARR as the main variables.
According to the Iranian Student News Agency, Pakistan and Qatar have established new channels of contact with the United States and Iran, aimed at stopping military actions and pushing both sides to return to the negotiation process under the Islamabad Memorandum of Understanding.
JPMorgan Chase has released a research report raising the target price of ASML to $2200, with approximately 24% upside from Wednesday's closing price of $1768.65.
