DBI Today: 49.1 (−2.2)
The world spent Tuesday waiting. After Monday's extraordinary rally — triggered by confirmation that the US and Iran had agreed a framework to end the war and reopen the Strait of Hormuz, the narrow waterway that carries one in every five barrels of oil traded globally — markets hit the brakes. Not because the optimism evaporated, but because something bigger loomed: the Federal Reserve's first policy decision under its new chairman, Kevin Warsh. The DBI edged back to 49.1 — just below the neutral line of 50 — not as a verdict on the deal, but as a snapshot of a business world caught between relief and uncertainty, with oil still falling, inflation still high, and the most important central bank on earth about to speak.
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