Europe's Energy-Bond Market Feedback Loop

• Firmus is preparing to restart initial public offering discussions with investors after securing OpenAI as an anchor customer. • Wildcat Infrastructure has bid between US$1.25 billion and US$1.35 billion for Austal's US business, surpassing a US$1.2 billion proposal from Hanwha.

• Indian benchmark indices finished positively on Thursday after starting the day with little movement. • Traders initially reacted to elevated crude oil prices, which dampened investor sentiment and kept indices in a narrow range.

• Indian stock markets faced heavy selling pressure on Wednesday as foreign portfolio investors sold off shares. • Brent crude oil prices crossed the $100 mark, which dampened investor morale.

• Global equity markets have entered a cautious trading phase as investors react to rising oil prices and inflation risks. • U.S., European, and Asian markets have weakened due to shifting energy prices and changing expectations for central bank interest rates.

• U.S. Treasury yields remained unchanged on Thursday as investors waited for the release of wholesale inflation data. • The 10-year Treasury note yield held steady at 4.8407%, while the 2-year yield remained flat at 4.4236%.

• Treasury yields rose on Thursday as investors increased their expectations for a Federal Reserve interest rate hike. • Stock prices declined during the session as market participants monitored stress signals in the bond market.

• Krungsri reports that foreign capital is flowing into Thai stocks, positioning Thailand as one of the first Asian markets to receive these inflows alongside Taiwan. • These investment trends are being driven by a combination of foreign capital movements and increased spending on artificial intelligence.

• The European Central Bank raised interest rates to combat inflation fears driven by conflict in Iran. • A surge in oil prices has clouded the inflation outlook despite resilient economic growth.

• Thailand’s SET Index closed at 1,617.89 points on September 9, 2026. • The market decreased by 4.00 points, or 0.25%, with a total trading value of THB 81.33 billion.

• Official data indicates the US economy is experiencing steady growth and low unemployment, but it does not account for the impact of rising costs on many Americans. • A survey reveals that Americans are still unhappy with the state of the economy, with their negative sentiments not aligning with major economic indicators.

• Indian markets ended higher on Thursday after Sensex and Nifty reversed losses during the closing auction, snapping a three-session decline. • The Nifty formed a hammer pattern, indicating buying interest, despite crude oil prices rising above $102 and weak global cues.

• Intesa Sanpaolo and MPS, along with other top Italian lenders, are competing for dominance in Italy's banking merger frenzy, with several deals underway. • The mergers involve major banks, with Intesa Sanpaolo being one of the key players, and the outcomes will be crucial for investors who have stakes in these institutions.