Friday 09 October 2026 07:00 UTC
Geopolitical risk is driving today's session: Iran-related headlines triggered an oil surge and renewed rate-fear narrative, pressuring risk assets broadly. The US10Y at 5.23% remains the structural headwind for crypto, while Gold +1.46% signals safe-haven rotation rather than risk appetite. Michigan Consumer Sentiment (prelim, forecast 47.6 vs 48.1 prior) prints at 14:00 UTC — a miss would reinforce stagflation concerns and add downside pressure to crypto into the weekend close. DXY at 102.06 is broadly neutral; VIX at 15.4 is calm but directionally threatening given the oil/yield combination.