The ceasefire did not survive the weekend. Iran declared the Strait of Hormuz closed “until further notice” on Saturday, after the US launched a third round of strikes in a week and the IRGC halted a cargo ship with a warning shot. Tehran has also rejected new talks unless Washington meets its conditions first. Last week already traded on that conflict: Trump declared the ceasefire over, oil spiked to $75.70 before giving most of it back, hawkish Fed minutes sank gold, and the S&P 500 still closed at a record near 7,575 on earnings optimism. Now the calendar adds its own tests. US CPI lands Tuesday at 12:30 GMT, with the headline forecast to cool to 3.9% from 4.2%, and new Fed Chair Kevin Warsh testifies before Congress ninety minutes after the print, then again on Wednesday. The Bank of Canada decides rates Wednesday, and Q2 earnings season opens Monday with growth projected above 23%. Below: the full calendar, three scenarios with levels for the dollar, gold, stocks, oil, and Bitcoin, and the two overlay lanes. The One Screen section stands alone if you read nothing else.