A look at the day ahead in European and global markets from Wayne Cole. As Spain was hoisting the World Cup, the U.S. military was starting its ninth straight day of attacks on Iran, which in turn was striking targets across the region. Just a handful of ships transited the Strait of Hormuz on Sunday and one was reported to be on fire. Brent duly climbed above $90 a barrel for the first time since early June and Treasury bond futures slipped as investors narrowed the odds on a Federal Reserve rate hike, with a September move implied at around 65%.