--- title: "FTSE 100 Set to Jump 0.9% as Trump Rules Out Iran Strikes Before Midterms" publisher: "Share Talk" author: "sharetalk" published: "2026-10-09T06:04:22+00:00" modified: "2026-10-09T06:04:22+00:00" date: 2026-10-09 canonical: "https://www.share-talk.com/ftse-100-set-to-jump-0-9-as-trump-rules-out-iran-strikes-before-midterms/" category: "Blogs" categories: ["Blogs", "Technology", "Technology, Media & Telecoms"] tags: ["Asia", "Bangkok", "Denmark", "Endeavour Mining", "Fed", "Federal Reserve", "Finland", "FRANCE", "FTSE 100", "GERMANY", "Glencore", "Greenland plan", "Hong kong", "Japan", "London", "Manila", "mining stocks", "Mumbai", "Nasdaq Composite", "NATO alliance", "Netherlands", "Nikkei 225", "Norway", "S&P 500", "shanghai", "Singapore", "Sweden", "Sydney", "Taiwan", "UK", "United States", "US Gulf of Mexico", "Wall Street"] image: "https://i0.wp.com/www.share-talk.com/wp-content/uploads/2024/01/FTSE-100.jpg?fit=1200%2C800&quality=89&ssl=1" format: "news" language: "en-GB" --- # FTSE 100 Set to Jump 0.9% as Trump Rules Out Iran Strikes Before Midterms **Published:** October 9, 2026 **Author:** sharetalk **Categories:** Blogs, Technology, Technology, Media & Telecoms **Tags:** Asia, Bangkok, Denmark, Endeavour Mining, Fed, Federal Reserve, Finland, FRANCE, FTSE 100, GERMANY, Glencore, Greenland plan, Hong kong, Japan, London, Manila, mining stocks, Mumbai, Nasdaq Composite, NATO alliance, Netherlands, Nikkei 225, Norway, S&P 500, shanghai, Singapore, Sweden, Sydney, Taiwan, UK, United States, US Gulf of Mexico, Wall Street **Featured image:** ![](https://i0.wp.com/www.share-talk.com/wp-content/uploads/2024/01/FTSE-100.jpg?fit=1200%2C800&quality=89&ssl=1) --- **FTSE 100 futures point to an opening about 93 points higher at 10,534.60 on Friday**, after the index closed 0.2% lower at 10,441.60 on Thursday. **Brent crude fell to around $102.72 a barrel**, down from $105.57 late Thursday, after US President Donald Trump said Washington would not attack Iran before next month’s midterm elections. Trump said the US was having **“productive discussions” with Iran** and that no attack would take place before the 3 November vote. The comments reduced immediate fears of further military escalation after reports earlier in the week suggested Washington was considering fresh strikes against Iranian targets. Brent had surged around 4% on Thursday as those concerns combined with disruption to shipping through the **Strait of Hormuz** and hurricane-related production losses in the Gulf of Mexico. Despite Friday’s decline, oil remains above $100 and geopolitical risk has not disappeared. Iran and the US are still negotiating over proposals that could eventually help reopen Hormuz, while sanctions and regional hostilities remain in place. Sterling strengthened to around **$1.3245**, compared with $1.3214 at Thursday’s London close, while the euro rose to approximately $1.1235. Gold also rebounded strongly, trading around **$4,199 an ounce**, as a softer dollar and easing Treasury yields supported precious metals. **Retail footfall fell 2.9% year-on-year in September**, accelerating from a 1.7% decline in August. Shopping centres recorded the sharpest deterioration, with footfall down **3.5%**, while high streets declined 3.0% and retail parks fell 1.7%. The figures add to evidence that consumers remain cautious as higher borrowing costs and energy prices weigh on household spending. Trade tensions also remain in focus after EU Trade Commissioner **Maros Sefcovic** called for “tangible outcomes” from negotiations with China aimed at narrowing Europe’s large trade deficit and improving market access. Wall Street ended mixed on Thursday, with the **Dow up 0.1%, S&P 500 down 0.5% and Nasdaq down 1.3%**, as weakness in technology stocks offset easing bond yields. Asian markets were mixed on Friday. Japan’s Nikkei edged 0.1% higher, Hong Kong’s Hang Seng gained 1.5% and Australia’s S&P/ASX 200 rose 0.6%, while China’s Shanghai Composite slipped 0.2%. For London investors, Friday’s expected rebound is primarily a **relief move following Thursday’s oil shock**. The key question is whether Brent can remain closer to $100 rather than returning towards $105. A sustained decline would ease inflation and interest-rate concerns, while any renewed deterioration in US-Iran relations or disruption around Hormuz could quickly reverse the improvement in sentiment. **Investor takeaway:** *The FTSE 100 is expected to open around 0.9% higher on Friday after Donald Trump ruled out further US strikes on Iran before the 3 November midterm elections, sending Brent back towards $103 and easing some of the inflation pressure that hit markets on Thursday.* --- **Original URL:** https://www.share-talk.com/ftse-100-set-to-jump-0-9-as-trump-rules-out-iran-strikes-before-midterms/ *Created by [WP Markdown Endpoint](https://wpmarkdownendpoint.com/)*