Newsquawk Daily European Opening News - 9th October 2026

US President Trump said he is having productive discussions with Iran and will not attack Iran at any time before the midterms; the US military has nonetheless drafted options for three days of strikes as Trump weighs his next move. US CENTCOM said routes for free transit through the Strait of Hormuz are open to vessels not violating the US blockade, while Iranian officials reiterated that they remain in negotiations through mediators. APAC stocks traded mixed following the lacklustre handover from Wall St; US equity futures rebounded overnight, while European equity futures indicate a positive cash market open. DXY marginally softened as yields pulled back; crude futures continued to retreat from this week's highs after Trump pushed back on reports of US strikes on Iran before the midterms. Looking ahead, highlights include Norwegian CPI (Sep), Canadian Jobs Report (Sep) and US University of Michigan Consumer Sentiment Prelim. (Oct). Speakers include ECB's Cipollone & Schnabel and Fed's Collins, with earnings from Delta Air Lines and an S&P credit ratings update on the UK.