Monday 21 September 2026 07:00 UTC
VIX at 14.8 signals a calm, low-fear equity backdrop with SPX marginally positive (+0.17%), providing a supportive risk-on tone to open the week. US10Y holding at 5.00% remains a structural headwind for risk assets, keeping rate sensitivity elevated — any hawkish Fed communication could reprice quickly. Geopolitical noise from U.S. sanctions on Russian banks (Iran campaign) adds tail risk but has not materially disrupted markets at this hour. No major data releases scheduled today.