Hosts Ryan and Michael kick off the Morning Blast with candid market talk, a roundup of futures levels, and a no-nonsense take on the day’s headlines. They focus on the tenuous Middle East ceasefire and its impact on energy flows, shipping backlogs, LNG and commodity prices, plus second-round effects on fertiliser and industrial supply chains. The episode also previews key US data (Q4 GDP, PCE, jobless claims), a 30-year Treasury auction, and what traders and policymakers should watch next.