🟢 Trading-Leveraged Equity ETF (UVIX) is trading 5.05% up in pre-market as Brent crude remains above $100

UVIX is trading at $42.08, up 5.05% from the September 9 close as escalating U.S.-Iran tensions keep Brent crude above $100, intensifying inflation and risk-off concerns.

• Nasdaq futures are under pressure as investors await the September 10 U.S. PPI release, scheduled for 8:30 a.m. ET; forecasts point to firmer producer-price pressure.
• UVIX’s leveraged exposure to short-term volatility is supporting protection demand amid higher energy prices, elevated Treasury yields, and weaker equity futures.
• The September 10 ECB decision and upcoming U.S. inflation data add event risk.