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US equity futures fell. Nasdaq futures dropped up to 1%, S&P 500 futures fell 0.54%, and Dow futures dropped 0.49%.
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🚨 Global bond yields are surging as the Iran conflict adds to inflation and supply concerns.
Eurostat reported August CPI rose 3.3% YoY, up from 2.9% in July. This is the highest rate since September 2023. The increase is driven partly by the Iran war and stronger eurozone economic activity. This supports ECB tightening. Markets expect a 25 bps hike on Sept. 10 and further increases. A September hike would make the ECB the most hawkish G7 central bank.
Hague Court Says Indus Waters Treaty Remains in Force

The Court of Arbitration in The Hague ruled that the 1960 Indus Waters Treaty remains fully in force and India must comply with its obligati... https://bigbreakingwire.in/bbw-live-news-blog-today/#pennion-live-blogging-update-10830
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IRNA reported that the Tehran Stock Exchange index surged as much as 145,000 points to 6.699 million, briefly approaching the 6.7 million mark, before falling below 6.6 million and ending the session at 6.583 million. Around 94% of stocks rose at the open, but nearly 71% closed lower.
Iran's Pezeshkian Meets Putin, Rejects US Sanctions

Iranian President Masoud Pezeshkian said the US has no right to impose sanctions on Iran, calling such measures a violation of international l... https://bigbreakingwire.in/bbw-live-news-blog-today/#pennion-live-blogging-update-10832
FIIs bought ₹1,143 crore, DIIs bought ₹1,847 crore.

Clients sold ₹232 crore, Retail sold ₹203 crore.

Big deals in EPL, HDFC Bank, Reliance, Airtel, ITC, Milky, SBFC, Divis and more 👇🏻
https://bigbreakingwire.in/fiis_diis_data/fiis-bought-1143-cr-diis-bought-1847-cr/
HDFC Bank Dollar Bonds Hit Record Lows Amid CEO Shock

HDFC Bank's newly issued dollar bonds fell to record lows, marking their fifth consecutive session of declines as leadership uncertainty wei... https://bigbreakingwire.in/bbw-live-news-blog-today/#pennion-live-blogging-update-10833
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