Société Générale
July 9, 2026
Morning Briefing
Daily UpdateCommoditiesEquitiesFXEnergyInformation Technology
Global markets are reacting to renewed geopolitical tension in the Middle East and hawkish central bank signals. Energy prices have surged, driving yields higher and complicating the inflation outlook for major central banks.
Key Takeaways
- 1.Energy prices spiked due to renewed US-Iran military tensions, reigniting global inflation fears and pressuring bonds.
- 2.FOMC minutes revealed hawkish sentiment, with some participants considering rate hikes due to AI-driven demand and geopolitical risks.
- 3.The KRW is performing strongly in early 2H 2026, shifting its regime from trade-balance driven to portfolio-flow driven.
Table of Contents
- OVERNIGHT NEWS
- CALENDAR
- MARKET REVIEW
- OUTLOOK
- TECHNICAL ANALYSIS
Document Preview
Access the Full Report
Get unlimited access to institutional research reports with a 14-day free trial.
Authors
Kenneth BrouxSantosh EjantharTanmay G PurohitJuliette Guillaume
Securities
Brent Crude OilEURUSD
Themes
Central bank hawkishnessEnergy-driven inflation fearsGeopolitical risk in the Middle East
Regions
EuropeAsia PacificMiddle EastUnited StatesChinaPoland