Tormere After-Market Digest
September 10, 2026
Prepared by Tormere Research Team (TRT)
Top headlines
Strikes disrupt Gulf oil flow, Brent breaks $100
Military strikes near the Strait of Hormuz have knocked 5 to 7 million barrels a day of Gulf oil offline, sending Brent crude above $100 for the first time this cycle. Reuters, World Economic Forum
Trump pledges $5,000 "dividend" ahead of midterms
At the RNC's midterm convention in Dallas, President Trump pledged a $5,000 payout to U.S. adults contingent on the GOP retaining both chambers of Congress. WNG, Dallas TX
US-Canada trade dispute deepens over 50% duties
Ottawa and Washington remain at an impasse after the U.S. imposed 50% tariffs on roughly $20 billion of Canadian goods. World Economic Forum
August logs the warmest global surface temperatures on record
Copernicus data shows August 2026 surpassed the prior records set in 2023 and 2024 for global surface air temperature. Copernicus Climate Change Service
Markets close
| Asset | Close | Chg | % |
|---|---|---|---|
| S&P 500^GSPC | 7,636.36 | -37.16 | -0.48% |
| Nasdaq Composite^IXIC | 26,253.34 | -168.07 | -0.64% |
| Dow Jones^DJI | 52,380.66 | -405.41 | -0.77% |
| CBOE VolatilityVIX | 17.70 | +1.24 | +7.53% |
| Brent CrudeBZ=F | $107.63 | +$6.42 | +6.34% |
| GoldGC=F | $2,550.00 | +$14.20 | +0.56% |
| BitcoinBTC-USD | $61,420 | +$1,240 | +2.06% |
| EthereumETH-USD | $2,910 | +$65 | +2.28% |
U.S. Treasury yields
30 days ago
Prior close
Latest close
Sectors & breadth
Sector performance
Energy · XLE+1.1%
Industrials · XLI-1.5%
Cons. discretionary · XLY-1.2%
Utilities · XLU-1.1%
Decliners led advancers 4.1-to-1
OXY+3.8%
XOM+2.9%
CVX+2.4%
EXPE-3.2%
SBUX-1.9%
Economic calendar
High
Medium
Low
6-business-day outlook · times ET · consensus via ForexFactory, Trading Economics
A actual · F forecast · P previous · IP industrial production
10
Thu
Today
USD8:30 AM · released
Core PPI m/m (Aug)
A +0.4% · F +0.3% · P +0.2%
USD8:30 AM · released
Initial jobless claims
A 234K · F 232K · P 236K
EUR8:15 AM · released
ECB deposit rate decision
A 2.15% · F 2.15% · P 2.15% (held)
Earnings: ORCL · ADBE · LEN
11
Fri
USD8:30 AM
CPI & core CPI (Aug)
Headline F +0.4% P +0.3% · Core F +0.3% P +0.3%
USD10:00 AM
UMich sentiment (prelim)
F 58.2 · P 58.6 · 5Y inflation exp. in focus
GBP2:00 AM
GDP m/m (Jul)
F +0.2% · P -0.1%
Earnings: KR · JBL
14
Mon
CNY9:00 PM (Sun)
Retail sales & industrial production y/y (Aug)
Retail F +3.0% P +2.7% · IP F +5.0% P +5.7%
USD8:30 AM
Empire State manufacturing index (Sep)
F 4.0 · P -4.7
USD12:00 PM
Fed's Williams speech
Economic Club of NY, text + Q&A
15
Tue
USDall day
FOMC meeting begins (day 1 of 2)
Decision due Wednesday, 2:00 PM
GBP2:00 AM
CPI y/y (Aug)
F 3.4% · P 3.6%
USD8:30 AM
Retail sales m/m (Aug)
F +0.3% · P +0.5%
16
Wed
USD2:00 PM
FOMC rate decision & press conference
F hold 4.00-4.25% · P 4.00-4.25%
USD9:15 AM
Industrial production m/m (Aug)
F +0.2% · P -0.1%
EUR5:00 AM
Eurozone CPI final (Aug)
F 2.3% · P 2.2%
17
Thu
USD8:30 AM
Initial jobless claims
F 230K · P 234K
USD8:30 AM
Housing starts & building permits (Aug)
F 1.36M · P 1.43M
JPYall day
BoJ meeting begins (day 1 of 2)
Decision due Friday, overnight ET
The forward look
TRT thesis
Incoming inflation prints carrying energy pass-through are likely to force a repricing of rate-cut trajectories. Watch the sustainability of $100+ oil. If the structural gain holds through the CPI/PPI window, expect stickier headline inflation to challenge the easing path central banks have signaled.
Tormere Research Team · Tormere Analytics
tormere.com · Not investment advice