๐ฏ Bottom Line
Brent Sinks Below $100 โ Teased post-midterm Iran deal at UNGA lands oil at $98.90, easing supply-side risk premium despite Hormuz blockade.
Bessent "Economic D-Day" โ Today (Sep 23) marks the worldwide grounding of Iranian airlines via US secondary sanctions; ุชูุฑุงู isolated from global logistics.
Zelenskyy "Energy Ceasefire" โ Ukraine offers moratorium on infrastructure strikes Wed in exchange for Russian reciprocity; EUR/USD stable at 1.08.
Portfolio Record High (A$123.8k) โ A$4,200/oz gold rally + Nasdaq record pushes grand total to +18.9% vs cost basis.
Next FOMC Meeting
October 28, 2026
SEP Diffusion Index
0.94 (Max Uncertainty)
Implication: The "Warsh Put" remains OFF. Lower oil prices provide tech a reprieve, but the Fed reaction function is biased toward hikes until core PCE sustains <3%.
National Home Values (Aug)
-0.9%
Implication: The Sep hike decoupled AUD from the EM selloff, but accelerated the housing correction. Expect values to grind another 5% lower by year-end.
PLA Exercises
Stabilized pre-summit
TSMC Arizona Yield
Parity with Taiwan
- Xi Jinping Thu Summit: Truce extension language
- Japan Kumamoto 2nm expansion (Rapidus)
Implication: $9.30 spread signals persistent dual-chokepoint crisis. Physical supply remains dislocated despite the headline sentiment rally.
Hormuz Transit
Contested / Partial
Aviation Status
Grounded (Sep 23)
- Islamabad Memorandum: "Middle Corridor" transit fee deal
- US Carrier Strike Group 12 movement toward Hormuz
๐ Global Hotspots
Ukraine
Zelenskyy energy moratorium proposal Wed; tactical bid for grid preservation.
China
Xi UNGA speech: "Non-aligned AI Sovereignty"; sets stage for Thu negotiations.
Nasdaq Composite
27,244.28 +0.31%
| Symbol |
Shares |
Price (USD) |
P&L% |
| MU | 85.00 | $1,043.96 | +53.2% |
| MSFT | 35.00 | $501.61 | +23.2% |
| META | 35.00 | $637.26 | +23.1% |
| TSM | 17.00 | $443.05 | +18.0% |
| RDDT | 112.00 | $158.46 | +5.8% |
| AVGO | 15.00 | $358.80 | -8.2% |
| CBRS | 25.00 | $169.11 | -33.8% |
| QQQU | 158.00 | $75.83 | -44.1% |
| TSXU | 758.00 | $61.59 | -88.9% |
Grand Total (AUD)
A$123,846.50
๐ญ What to Watch โ Next 24 Hours
-
01
Trump-Xi Summit (Thu Sep 24) โ The trade/AI truce "Big One."
-
02
Sep 23 Sanction Enforcement โ Global grounding of Iranian airline logistics.
-
03
Micron (MU) Sentiment โ Pre-earnings (Sep 30) positioning.
-
04
ASX Open (Thu) โ Tech-led momentum following Nasdaq record.