Market Pulse – September 9, 2026

🌍 Geopolitics Driving Markets

US forces struck Iranian oil tankers near Kharg Island overnight after Iran targeted a US Navy vessel – adding to Tuesday's Houthi drone/missile strikes on Saudi Aramco facilities. Markets remain firmly risk-off.

🛢️ Oil

Brent ~$99.4/bbl, WTI ~$94.6 – both testing multi-month highs as Strait of Hormuz flows stay disrupted.

💵 FX

EUR/USD ~1.1630, holding above 1.1600 ahead of Thursday's ECB meeting – a rate hike is fully priced in. USD firm into this week's US CPI release.

🥇 Gold & Silver

Gold ~$4,377/oz, Silver ~$66 – easing as rising real yields offset the geopolitical bid.

₿ Crypto

BTC ~$78,700 (-0.9%), recovering toward $79,000; ETH ~$2,470.

🌏 Asia

Nikkei +0.6% to ~65,650, rebounding on tech/AI stocks after Tuesday's 1.7% drop; Hang Seng -0.2% to ~25,280 on oil and China inflation worries; Shanghai flat; ASX200 at a fresh six-week low.

📌 Today's Focus

Middle East headlines, oil swings, and positioning ahead of Thursday's ECB decision and this week's US inflation data.

Trade the volatility wisely ⚡