TASNIM NEWS reports Iran's benchmark equity index climbed in August and early September, lifting the market's USD-denominated capitalization to roughly $103 billion. The USD market cap remains well below its historical peak, indicating rial-denominated gains do not equate to a restoration of prior peak market value.

Greek maritime risk firm Marisks said two supertankers were struck by shelling in the Strait of Hormuz.

Germany's 10-year Bund yield touched 3.31% intraday on Aug. 31, the highest since 2011 and roughly 20 bps below the 2011 peak of about 3.49%. August CPI rose to 2.9% YoY, driven by a 10.5% jump in energy while core inflation eased to 2.4%, suggesting recent pressure is energy-led. The Bund selloff has been amplified by higher oil, a global long-end bond selloff, and expanded German infrastructure and defence spending with larger planned issuance. Sustained higher yields would raise government and corporate funding costs and lift equity discount rates; even if energy inflation fades, increased sovereign supply and a higher term premium could prevent a return to zero or negative rates.