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The Daily Briefing · Thursday, September 10, 2026
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BOJ September 18 Rate Hike All But Certain
Rate futures embed near, 100% probability of a 25bp BOJ hike on September 18, taking Japan's policy rate from 1.00% to 1.25%, its highest level since 1995.
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Also today
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AI Stocks Face $30B Data Center Political Reckoning
Public opposition to new data centers has risen 12 percentage points in months, reaching 61% of U.S. adults nationwide
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UK 30, Year Gilt Tops 5.89%, a 28, Year High
The 30, year gilt yield reached 5.89%, rising 10 basis points in a single session to breach a ceiling untouched since March 1998.
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UBS Lifts Lockheed Martin to Buy on Missile Surge
UBS upgraded LMT to Buy with a $674 price target, projecting 150% revenue growth in Missiles and Fire Control through 2030 driven by PAC, 3, THAAD, and JASSM/LRASM acceleration.
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Houthis Strike Aramco's Jizan Again; 73 Wounded
Houthi forces struck Jizan City, Najran, Abha, and Khamis Mushait in a coordinated multi, city barrage of ballistic missiles and drones
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More headlines
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August PPI Falls 0.1%, Rate, Hike Odds Collapse
August PPI fell 0.1% month, on, month versus a +0.3% consensus forecast, marking the steepest producer, price undershoot in months.
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Gold Hits Record $2,447 in Sharpest Safe, Haven Surge
Gold (GLD) rose to a record $2,447/oz Wednesday, posting its largest single, session safe, haven gain since the conflict's onset.
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Google, Meta Face 3,000 Youth Addiction Lawsuits
The Ninth Circuit rejected Section 230 immunity arguments, clearing 3,000, plus federal youth, addiction lawsuits to enter discovery against all four platforms.
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ECB Rate Hike Locked In as Energy Inflation Hits 14.3%
Euro, zone headline CPI rose to 3.3% in August, the highest reading since September 2024, driven by a 14.3% energy price surge
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Brent Oil Tops $100 on Iran Strike Escalation
Brent crude reached $100.40/bbl in early Asian trading on Tuesday, September 9, 2026, a level not seen since late July.
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Crypto Stocks Lead Thursday Rebound on PPI Miss
August PPI dropped 0.1% versus the 0.3% consensus, marking the sharpest producer, level inflation undershoot in months.
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Tesla Cybercab vs. Uber: Markets Pick a Winner
Tesla's Cybercab crosses 1 million unsupervised miles in six U.S. cities and wins FSD clearance in Slovenia, sending TSLA up 4% and UBER down 4% in the week's sharpest AV, rideshare divergence.
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Market briefs
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From the startup desk
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Gimlet Labs Hits $3B With $300M Series B
Gimlet Labs (US) — Andreessen Horowitz leads a $300M Series B at a $3B valuation for the startup building the industry's first multi-silicon inference cloud designed to cut latency for agentic AI workloads.
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Celero Raises $275M Series C at $3B, Plus Valuation
Celero Communications (US) — Irvine-based semiconductor startup raises $275M Series C at a $3B+ valuation following validation of the industry's first 2nm coherent DSP silicon for AI data center optical connectivity.
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Polymarket Raises $1B at $21B in Trump Jr., Led Round
Polymarket (US) — Prediction-markets platform is raising a $1B round led by Donald Trump Jr.'s 1789 Capital at a $21B post-money valuation, marking a 40% valuation jump in recent months.
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Video of the day
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Fundamentals and the Macro Picture
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The Daily Briefing from Pomegra. Market news, educational content only. Nothing here is investment advice.
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