S2E566: Iran strikes ignite oil rally, trigger global bond market panic

Market news for September 2, 2026: Asian markets tumbled as a global bond sell-off collided with fresh US strikes on Iran, sending oil surging and yields to multi-decade highs. The dollar strengthened, gold and crypto slipped, while traders priced strong odds of a Fed rate hike this month.

Synopsis: Market Focus Daily is a closing bell roundup by The Business Times that looks at the day’s market movements and news from Singapore and the region.

Written by: Howie Lim ([email protected])

Produced and edited by: Howie Lim & Claressa Monteiro

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