GLOBAL MARKET UPDATE
US markets pull back: DowJones -0.79%, Nasdaq -1.03%, S&P 500 -0.71%.
🔥 Oil surges: Brent +4.6% to $94.5
📈 US 10Y yield at 4.8%
🥇 Gold slips to $4,375/oz
💵 DXY at 99.7
₿ Bitcoin at $77,400
What’s weighing?
Inflation fears, elevated oil prices & rising bond yields. September’s historical weakness adds to the caution.
🇺🇸 US Central Command says American forces are attacking IRGC targets in Iran.
Global yields spike:
US 10Y at levels last seen in Jan’25
Japan 10Y at its highest since Aug’96
Germany benchmark yield at a 2011 high
Big worry: higher oil → sticky inflation → tougher Fed rate path.
Markets now price a 68% chance of a Fed hike at the next meeting.
September 2, 2026 2K 2
