Global Morning Briefing — 2026-07-11
US markets saw the S&P 500 and Nasdaq approach record highs on a tech-led rally, yet rising US-Iran tensions and a surge in 30-year Treasury yields are keeping investors cautious. Oil prices remain around $76 due to concerns over the Strait of Hormuz, reigniting inflation fears. In the Asian session, keep an eye on semiconductor momentum and rallies in energy and defense sectors.













