Ransquawk Rundown, Daily Podcast

The Iranian Foreign Ministry spokesperson said negotiations with the US could be pursued based on national interests and will not abandon talks with the US.US and Iran continued to exchange strikes; Iran killed two US service members in Jordan and one in Iraq. The US continued to target Iranian military capabilities. US equity futures rebound given the broader positive tone.DXY flat; Antipodeans lead on China stimulus hopes, while GBP awaits Burnham.Fixed income pare earlier losses while gilts remain in focus as Burnham gets ready for his first day as PM.Choppy crude trade as geopolitics dictate the tape while precious metals holds steady.Looking ahead, highlights include Canadian Inflation (Jun), New Zealand Inflation (Q2) & Comments by incoming UK PM Burnham.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

Iran said it has suspended the implementation of the MoU, suggesting that the US had “violated” commitments within the framework; Brent +2.4%.US and Iran continued to exchange strikes; Iran killed two US service members in Jordan and one in Iraq. The US continued to target Iranian military capabilities. US is said to be planning for a wider war, according to a US official, cited by the Washington Post. APAC stocks were mixed; tech underperformance weighed on the KOSPI. European equity futures are indicative of a flat open. DXY traded steady; Antipodeans led the gains, whilst the CHF and JPY were flat. Looking ahead, highlights include Canadian Inflation (Jun), New Zealand Inflation (Q2).Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

The US continued to strike Iran, for a sixth consecutive night; Iran claimed that power facilities, bridges and civilian infrastructure were struck. Iranian Army Spokesman warned that if the US strike the infrastructure of Iran, all infrastructure in the region will be a legitimate target; he added that “either all countries in the region can export oil or no one can”.US equities slump after further worries of stretched AI valuations.DXY gains; JPY saw fleeting strength following PM Takaichi's GPIF comments.Fixed income benchmarks supported by safe haven flows. Crude futures higher after multiple UKMTO reports in the Middle East.Looking ahead, highlights include US Building Permits (Jun), Export/Import Prices (Jun), Industrial Production (Jun), UoM Consumer Expectations (Jul) & Atlanta Fed GDP.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

The US continued to strike Iran, for a sixth consecutive night; Iran claimed that power facilities, bridges and civilian infrastructure were struck.Iranian Army Spokesman warned that if the US strike the infrastructure of Iran, all infrastructure in the region will be a legitimate target; he added that “either all countries in the region can export oil or no one can”.US President Trump stated that they will see the fruits of labour in Iran shortly.APAC Stocks were pressured, with Nikkei 225 (-5%) leading the declines; European equity futures are indicative of a weaker open.DXY is a touch firmer this morning; G10s are broadly lower, albeit modestly so.Looking ahead, highlights include EZ CPI Final (Jun), US Building Permits (Jun), Export/Import Prices (Jun), Industrial Production (Jun), UoM Consumer Expectations (Jul), Atlanta Fed GDP, Comments from ECB's Cipollone.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

The US has completed another round of strikes on various parts of Iran, targeting military capabilities; Tehran responded with its own attacks on Kuwait and Jordan.TSMC reported Q2 metrics that beat estimates, while raising its Q3 revenue guidance above expectations. In addition, the co. is to add another USD 100bln of US investment. US equity futures lower despite strong TSMC earnings and Japan's large investment for Nvidia's Rubin chips.DXY rangebound while CHF and NOK outperforms; GBP unreactive following GDP data. Fixed income benchmarks softer despite lower energy; UK and French politics in focus.Crude benchmarks take a breather despite ongoing US-Iran strikes, spot gold moves a bit lower.Looking ahead, highlights include US Retail Sales (Jun), Jobless Claims, Philly Fed Index (Jul), Pending Home Sales (Jun), Atlanta Fed GDP, Speakers including Fed's Logan & Schmid, Earnings from Netflix, Alcoa, GE Aerospace, US Bancorp, Abbott & State Street.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

The US has completed another round of strikes on various parts of Iran, targeting military capabilities; Tehran responded with its own attacks on Kuwait and Jordan.US President Trump stated Iran wants to meet, though warned that strikes would expand next week. Nonetheless, crude benchmarks take a breather following recent gains; Brent -0.6%.APAC stocks held a mostly negative bias, with the KOSPI (-6.4%) dragged by losses in Samsung Electronics (-8.6%) and SK Hynix (-11.9%). European equity futures are indicative of a slightly firmer open.DXY is flat and holds around 100.50; G10s are mixed against the USD.Looking ahead, highlights include UK GDP (May), Italian HICP Final (Jun), EZ Balance of Trade (May), US Retail Sales (Jun), Jobless Claims, Philly Fed Index (Jul), Pending Home Sales (Jun), Atlanta Fed GDP, SNB Minutes (Jul), Speakers including Fed's Logan & Schmid, Supply from Spain, France & UK.Earnings from Netflix, Alcoa, UnitedHealth, GE Aerospace, US Bancorp, Abbott, State Street & ABB.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

US struck Iran overnight, Trump said they will do so again on Wednesday night. Adding, they will hit power plants and bridges next week unless Iran negotiates.IRGC targeted weapons/storage in Bahrain and Kuwait, US positions in Jordan and the Fifth Fleet Command HQ. Iran said it is a mistake to think military action will force them to talk.ASML (+3.7%) reported Q2 earnings that beat estimates while raising its FY guidance above analyst expectations. Additionally, the Co. announced a partnership with Intel (INTC) for high-volume production of Intel 18A logic products using High NA EUV.US equity futures are firmer across the board, with NQ supported by ASML and SK Hynix upside overnight.DXY and Fixed Income rangebound ahead of a busy speaker slate.Crude benchmarks eke out mild gains, with another round of US strikes tonight.Looking ahead, highlights include US PPI (Jun), BoC Policy Announcement (Jul), Fed Beige Book (Jul), Speakers including Fed's Williams, Musalem, Warsh & Cook, BoC Governor Macklem, BoE's Pill, Earnings from United Airlines, Johnson & Johnson, Morgan Stanley, PNC Financial Services, BNY Mellon.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

US struck Iran overnight, Trump said they will do so again on Wednesday night. Adding, they will hit power plants and bridges next week unless Iran negotiates.IRGC targeted weapons/storage in Bahrain and Kuwait, US positions in Jordan and the Fifth Fleet Command HQ. Iran said it is a mistake to think military action will force them to talk.Brent +0.8% on the above, USD failed to benefit with CPI continuing to weigh, USTs rangebound though Bunds came under modest pressure.APAC stocks were firmer as the US CPI read-across outweighed fresh US-Iran strikes, to the continued benefit of US futures, though Europe points lower, Euro Stoxx 50 -0.2%.GBP and EUR led on the softer USD, USD/JPY briefly moved below 162.00Looking ahead, highlights include Swedish CPIF Final (Jun), Spanish CPI Final (Jun), EZ Industrial Production (May), US PPI (Jun), BoC Policy Announcement (Jul), Fed Beige Book (Jul), Speakers including Fed's Williams, Musalem, Warsh & Cook, BoC Governor Macklem, BoE's Pill, ECB's Nagel, Supply from Germany, Earnings from United Airlines, BlackRock, Elevance Health, Johnson & Johnson, Morgan Stanley, PNC Financial Services, BNY Mellon.Click for the Newsquawk Week Ahead.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

The US continued to launch strikes for a third night, after President Trump stated that he would hit Iran “very hard” on Monday and Tuesday. Separately, Trump threatened to hit Iran's “Pickaxe Mountain”, an underground nuclear facility; Brent Sep'26 +4.0%.US equity futures are mixed, with the NQ outperforming as it recovers from Monday's selloff; US banking names kick of earnings.DXY tentative heading into CPI and Fed Chair Warsh's testimony; Kiwi outperforms after further hawkish RBNZ rhetoric.Fixed income benchmarks are softer amid energy moves and continued post-Waller hawkishness.Crude benchmarks grind higher on continued US-Iran updates while spot gold finds support above USD 4k/oz.Looking ahead, highlights include US CPI (Jun), Fed Discount Rate Minutes (Jul), ECB President Lagarde-US Treasury Secretary Bessent meeting, Speakers include Fed Chair Warsh, Goolsbee, Barr, Cook and Bowman, BoE Governor Bailey, Earnings from Citi, Goldman Sachs, JPMorgan, Bank of America and Wells Fargo. Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

The US continued to launch strikes for a third night, after President Trump stated that he would hit Iran “very hard” on Monday and Tuesday. Separately, Trump threatened to hit Iran's “Pickaxe Mountain”, an underground nuclear facility; Brent Aug'26 +1.9%.US President Trump also announced a naval blockade, which is set to begin at 21:00 BST / 16:00 EDT.APAC stocks were mostly in the red given the geopolitical environment and tech sell-off; European equity futures are indicative of a weaker open.DXY takes a breather; Kiwi outperforms following regional data and hawkish comments from RBNZ's Conway.USTs and Bunds remain pressured amidst the elevated energy prices and after Fed's Waller delivered hawkish remarks.Looking ahead, Highlights include German Wholesale Prices (Jun), Chinese M2 Money Supply (Jun), US NFIB Business Optimism Index (Jun), US CPI (Jun), Fed Discount Rate Minutes (Jul), ECB President Lagarde-US Treasury Secretary Bessent meeting.Speakers including Fed Chair Warsh, Goolsbee, Barr, Cook & Bowman, BoE Governor Bailey, Supply from the Netherlands & Germany.Earnings from Citi, Goldman Sachs, JPMorgan, Bank of America, Wells Fargo.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

The US and Iran exchanged strikes over the weekend, with the US military targeting 140 Iranian military targets on Saturday and took further action on Sunday, while Iran attacked US bases across the Gulf and closed the Strait of Hormuz.Iran's Foreign Ministry spokesperson said the US violated all clauses of the MoU in less than a month and stated that Iran will not execute commitments in the MoU as long as the US is not fulfilling its commitments. Furthermore, the spokesperson said mediators are still continuing their efforts to mediate between Iran and the US in recent days and Iran is in contact with mediators. Energy benchmarks pulled back following the constructive rhetoric, Brent +2.3%.US equity futures are off worst levels but the NQ is the clear underperformer, weighed down by the losses in SK Hynix (-15.4%).DXY reverse earlier gains; JPY hit on GPIF chatter, NZD continues to benefit on tightening bets.Looking ahead, highlights include OPEC MOMR (Jul), US Monthly Budget Statement (Jun), Coalition of the Willing Summit, Speakers including Fed's Waller, BoE's Pill, ECB's Schnabel & RBNZ's Conway.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

US forces struck 140 Iranian military targets on Saturday and took further action on Sunday. Iran attacked bases in Jordan, Qatar, Kuwait & Bahrain.Crude rallied following this and Iran announcing the Strait of Hormuz would now be closed, though the US said transit has since happened, Brent +4.3%.APAC bourses were pressured, KOSPI underperformed as SK Hynix fell 13%, weighing on the NQ -1.2%.European futures in the red, Euro Stoxx 50 -0.8%. DXY is modestly firmer against G10 peers across the board.Fixed income underpressure as yields lift across the curve. Spot gold lost USD 4.1k/oz, down to USD 4050/oz. Base peers followed the tone lower.Looking ahead, highlights include German Current Account (May), OPEC MOMR (Jul), US Monthly Budget Statement (Jun), Coalition of the Willing Summit, Speakers including Fed's Waller, BoE's Pill & RBNZ's Conway, Supply from the EU.Click for the Newsquawk Week Ahead.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

Mediators are working to get the US and Iran back at the negotiating table, CNN reported, citing sources, later echoed by Axios.Brent is softer by around USD 0.20/bbl, with the market essentially waiting for a resumption of negotiations or strikes.Japanese assets lead after Finance Minister Katayama said pension funds should be encouraged to invest more in the domestic market.European bourses are on a modestly firmer footing, Euro Stoxx 50 +0.1%. US futures are mixed; NQ lags, potentially ahead of SK Hynix's ADR debut on the 13th.USD under pressure, JPY leads given the above, NZD continues to climb, CAD flat into its jobs report.Looking ahead, highlights include Canadian Jobs Report (Jun). Earnings from Delta Air Lines and Credit Ratings from Fitch on the Netherlands, Morningstar DBRS on Switzerland and Scope Ratings on Japan.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

Sources suggested Iranian air defence systems were activated. However, the US said they were not involved, and Iran then denied any explosions at all; Bushehr's officials said they intercepted projectiles.Mediators are working to get the US and Iran back at the negotiating table, CNN reported, citing sources, later echoed by Axios.Brent is firmer by USD 0.30/bbl, in a narrow range as the magnitude of geopolitical updates slowed throughout the APAC session into Friday.APAC bourses were entirely firmer, European futures point to a flat start to the day, while US futures are marginally softer, NQ -0.2%.USD remains under pressure, with the JPY the primary beneficiary. Support came from Finance Minister Katayama, who spoke on increasing investment in domestic financial funds.Fixed income mixed but broadly contained, taking the lead from energy performance. JGBs outperformed on the above remarks.Looking ahead, highlights include German/French Inflation Final (Jun), Norwegian Inflation (Jun), Canadian Jobs Report (Jun), IEA OMR (Jul), Speakers include ECB's Vujcic, Supply from Italy, Earnings from Delta Air Lines and Credit Ratings from Fitch on the Netherlands, Morningstar DBRS on Switzerland and Scope Ratings on Japan.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

US struck around 90 Iranian military targets. In return, the IRGC said it attacked two US bases in Bahrain and two in Kuwait.CNN reported that US President Trump is losing patience with the pace of negotiations, particularly on nuclear.Crude benchmarks were firmer overnight, but moved lower as the European morning progressed as markets reacted to Trump's remarks that Iran wanted to make a deal. Brent Sep'26 now off lows, and now flat.European bourses are firmer, with US equity futures also following suit; NQ +0.6%.G10s are mostly firmer against the slightly lower USD; Kiwi outperforms.Looking ahead, highlights include US Initial Jobless Claims (Jul/04), Existing Home Sales (Jun), ECB Minutes (Jun), Banxico Minutes (Jun), Speakers include Fed's Williams, Logan, BoE's Breeden, Supply from the US and Earnings from PepsiCo.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

US struck around 90 Iranian military targets. In return, the IRGC said it attacked two US bases in Bahrain and two in Kuwait.CNN reports that US President Trump is losing patience with the pace of negotiations, particularly on nuclear.Energy benchmarks modestly bid, but in relatively narrow ranges; downside seen in the early European morning as Trump reiterates that Iran wants to make a deal.APAC trade was initially resilient to the above, before then reversing as the night progressed.FOMC Minutes outlined that a few saw a case for raising rates, several did not see the stance as restrictive, a few as slightly restrictive.NZD continues to lead the FX space, USD is under modest pressure. Fixed rangebound, taking direction from energy.Looking ahead, highlights include German Trade Balance (May), US Initial Jobless Claims (Jul/04), Existing Home Sales (Jun), ECB Minutes (Jun), Banxico Minutes (Jun), Speakers include Fed's Williams, Logan, BoE's Breeden, Supply from the US and Earnings from PepsiCo.Click for the Newsquawk Week Ahead.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

US struck around 90 Iranian military targets. In return, the IRGC said it attacked two US bases in Bahrain and two in Kuwait.CNN reports that US President Trump is losing patience with the pace of negotiations, particularly on nuclear.Energy benchmarks modestly bid, but in relatively narrow ranges; downside seen in the early European morning as Trump reiterates that Iran wants to make a deal.APAC trade was initially resilient to the above, before then reversing as the night progressed.FOMC Minutes outlined that a few saw a case for raising rates, several did not see the stance as restrictive, a few as slightly restrictive.NZD continues to lead the FX space, USD is under modest pressure. Fixed rangebound, taking direction from energy.Looking ahead, highlights include German Trade Balance (May), US Initial Jobless Claims (Jul/04), Existing Home Sales (Jun), ECB Minutes (Jun), Banxico Minutes (Jun), Speakers include Fed's Williams, Logan, BoE's Breeden, Supply from the US and Earnings from PepsiCo.Click for the Newsquawk Week Ahead.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

US President Trump said the Iran ceasefire is over, "I think", lifting Brent above USD 79/bbl, weighing on equities and fixed income.However, Trump did add he will allow US negotiators to continue talking with Iran, but said, "I think this is a waste of time"Euro Stoxx 50 -2.2%, ES -1.0%, NQ -1.4% given the above. Mixed APAC trade, but China was in the green after updates relating to DeepSeek and Zhiphu.Apple signed an agreement with Broadcom, to design and produce custom silicon components and wireless technologies, deal expected to exceed USD 30bln.NZD outperforms after the RBNZ hiked and signalled further increases "appear likely". Elsewhere, CAD bid on energy moves while JPY slips as a result of its import dependence and yield moves.Looking ahead, US Atlanta Fed GDP (Q2), NBP Policy Announcement (Jul), NBH Minutes (Jun), Fed Minutes (Jun), NATO Ankara Summit, Speakers include US President Trump, Supply from the US.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

Mixed APAC trade, China in the green amid multiple IPOs and tech strength locally. US and European futures contained.DXY is range-bound despite the renewed Middle East clashes. Yields consolidate after the energy-driven lift on Tuesday, following the revocation of the Iranian waiver and tit-for-tat strikes.US Treasury revoked the June 21st Iran-related waiver, General License X, which had allowed Iran to produce, deliver and sell its oilBrent remains above USD 76/bbl, firmer by c. 3.5%, driven higher by the above points. Though, interestingly, the US strikes did not spur any further upside.RBNZ hiked by 25bps in-line with consensus, assessed the current OCR remains accommodative, and further increases "appear likely".Looking ahead, highlights include Swedish Inflation Prelim. (Jun), US Atlanta Fed GDP (Q2), NBP Policy Announcement (Jul), NBH Minutes (Jun), Fed Minutes (Jun), NATO Ankara Summit, Speakers include US President Trump, Supply from the UK, Germany and the US.Click for the Newsquawk Week Ahead.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

Iran's IRGC fired at least two missiles at ships in the Strait of Hormuz, Axios reported, citing a US official. It was separately reported that one was a Qatari LNG tanker. Brent Sept'26 +1.2%.Fars reported that the Qatari tanker attempted to pass through the Omani route and ignored repeated warnings.Iranian Foreign Minister Araghchi said negotiations on a final deal will not commence if threats continue.Global tech stocks fall after Samsung Electronics (-6.9%) shares plummeted post-earnings; NQ -1%.DXY is incrementally firmer, JPY marginally outperforms after a Japanese official pushed back on reports that the government is urging the BoJ to lower interest rates.Looking ahead, highlights include US ADP Employment Change Weekly, Trade Balance (May), New York Fed SCE (Jun), Atlanta Fed GDP (Q2), Canadian Trade Balance (May), Ivey PMI (Jun), EIA STEO (Jul), NATO Ankara Summit. Supply from the US. Speakers include BoE's Mann.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

Iran's IRGC fired at least two missiles at ships in the Strait of Hormuz, Axios reported, citing a US official. It was separately reported that one was a Qatari LNG tanker.Fars reported that the Qatari tanker attempted to pass through the Omani route and ignored repeated warnings.Iranian Foreign Minister Araghchi said negotiations on a final deal will not commence if threats continue.KOSPI slumped following post-earnings losses in Samsung Electronics (-9.7%). Co. topped forecasts, but failed to calm fears surrounding elevated valuations. European equity futures are indicative of a weaker open.DXY is incrementally firmer, whilst the JPY marginally outperforms after a Japanese official pushed back on reports that the government is urging the BoJ to lower interest rates.Looking ahead, highlights include German Industrial Production (May), French Trade Balance (May), US ADP Employment Change Weekly, Trade Balance (May), New York Fed SCE (Jun), Atlanta Fed GDP (Q2), Canadian Trade Balance (May), Ivey PMI (Jun), EIA STEO (Jul), NATO Ankara Summit. Supply from the UK, Germany and the US. Speakers include BoE's Mann.Click for the Newsquawk Week Ahead.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

Islamabad is the more likely option for the next round of US-Iran technical talks, with July 11th expected to be the date, Fox reported.OPEC+ agreed to raise output targets by an additional 188k bpd, in line with the group's plan to reverse output curbs.European equity futures trade tentatively; US equity futures are indicative of a stronger open, NQ +1%.G10s are mostly lower against the USD. USD/JPY continues to rise, and sits back above the 162.30 mark.Fixed benchmarks trade with very mild gains, with USTs awaiting ISM Services.Looking ahead, highlights include US S&P Services/Composite PMI Final (Jun), and ISM Services PMI (Jun). Speakers include Fed's Waller, BoE's Mann, ECB's Schnabel, Lagarde and Lane.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

Asia-Pac stocks initially started the session with broad gains, but later reversed. Crude futures started the week on the back foot.Islamabad is the more likely option for the next round of US-Iran technical talks, with July 11th expected to be the date, Fox reported.OPEC+ agreed to raise output targets by an additional 188k bpd, in line with the group's plan to reverse output curbs.Ship-tracking data showed that at least 8 ships attempting to leave the Strait of Hormuz turned back, with the reasons unknown.European equity futures are indicative of a flat/slightly softer open with the Euro Stoxx 50 futures down 0.1% after cash closed +0.8% on Friday.Looking ahead, highlights include German Factory Orders (May), EU Retail Sales (May), US S&P Services/Composite PMI Final (Jun), and ISM Services PMI (Jun). Speakers include Fed's Waller, BoE's Mann, ECB's Schnabel, Lagarde and Lane.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

US President Trump warned that Iran has some missiles left and that they could wipe those out. It was separately suggested that Trump made it clear Iran cannot impose fees on the Strait of Hormuz.APAC stocks gained, with strength seen in the KOSPI (+4.6%); European equity futures are indicative of a slightly firmer open.DXY traded subdued at around 100.70; USD/JPY holds just above the 161.00 mark, taking a breather following recent pressure.US and China are moving towards reducing tariffs on each other's agricultural products, Semafor reported.Highlights include Global S&P Services/Composite PMI Final (Jun), BoE DMP (Jun), Speakers including ECB's Lagarde & BoE's Bailey.Holiday: US Independence Day. Newsquawk audio and headline service will stop at 18:15BST/13:15EDT, however, Newsquawk widgets will continue to function as usual.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

Qatar and Pakistan mediators concluded separate meetings with US and Iranian negotiators in Doha, highlighting positive progress on issues related to the Islamabad MoU.US equity futures trade mixed, with the NQ weighed by tech selling in South Korean stocks.DXY slips below the 101.00 handle, as the JPY strengthens on possible intervention.Fixed income benchmarks trade on the softer side heading into the US jobs report; NFP expected at 110K.Crude benchmarks continue to trade lower, Brent -1.5%.Looking ahead, highlights include US Jobs Report (Jun), Initial Jobless Claims, Speakers including ECB's Cipollone, BoE's Mann and Fed's Daly.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

US President Trump reiterated that they are making a deal with Iran and will see how it goes. Though he pushed back on Iranian claims that there will be no IAEA inspectors at their nuclear facilities. Brent Aug'26 -0.8%.US Secretary of State Rubio said the Lebanon file is separate from the agreement with Iran and that the US will deal directly with the Lebanese government. He added that Iran will not able to charge tolls when a final deal is agreed upon.Israeli Ambassador to the US said Israel-Lebanon talks over the ceasefire are a "train wreck".APAC stocks traded mixed, whilst European equity futures are indicative of a slightly weaker open.DXY extends higher and trades towards 101.50, USD/JPY holds around 161.60.Looking ahead, highlights include German Ifo (Jun), Riksbank Minutes (Jun), BoC Minutes (Jun), Fed Bank Stress Test Report.Speakers including RBA's Hauser, BoE's Breeden & Dhingra, BoC's Rogers, ECB's Cipollone, Supply from UK, Italy, Germany & US, Earnings from Micron.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

Tech rout leads stocks lower; KOSPI declined c. 10%, which has weighed on the NQ -2.3%.Focus remains on the US-Iran situation; Brent Aug'26 -0.4%. The Lebanon-Israel situation appears to be flaring up, with recent fatalities reported in Lebanon by Israeli gunfire.USD attracts haven demand as tech sells off; Antipodeans underperform, GBP awaiting further Burnham/Chancellor updates.Fixed benefits from modest energy downside and traditional haven allure; PMI commentary points to a possible peak in price pressures.Looking ahead, highlights include Global Flash PMIs (Jun), US ADP Employment Change Weekly, Richmond Fed Index (Jun), BCB Minutes (Jun), NBH Policy Announcement, Speakers including ECB's Elderson & Vujcic, BoE's Taylor & Dhingra, Supply from the US, Earnings from FedEx. Note, Iranian President Pezeshkian is in Pakistan.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

Mixed US handover continued into APAC before performance deteriorated, KOSPI -5% as the regions chip/tech momentum unwinds.European futures point to a lower open, Euro Stoxx 50 -0.9%.Crude relatively contained after Monday's pressure. US President Trump said they are negotiating with Iran and will see how it goes.DXY firmer to the modest detriment of peers, Antipodeans lagged given the broader risk tone.Fixed benchmarks extended marginally on Monday's advance, though action was choppy and rangebound.Looking ahead, highlights include Global Flash PMIs (Jun), US ADP Employment Change Weekly, Richmond Fed Index (Jun), BCB Minutes (Jun), NBH Policy Announcement, Speakers including ECB's Lane, Elderson & Vujcic, BoE's Taylor & Dhingra, Supply from Netherlands, Germany & US, Earnings from FedEx. Note, Iranian President Pezeshkian is in Pakistan.Click for the Newsquawk Week Ahead.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

Over the weekend, Iran shut the Strait of Hormuz amidst continued Israeli strikes on southern Lebanon. This led to Brent Aug'26 to gap higher by c. USD 2/bbl.Thereafter, attention turned to negotiations, which yielded progress and improved the geopolitical mood. Brent Aug'26 then moved into the red, currently -1.8%.China added 10 US firms to its export control list, including USA Rare Earths, while the Finance Ministry announced it would take relevant measures against 46 US companies in government procurement activities.European bourses trade tentatively alongside similar action across US equity futures.DXY is a touch firmer this morning; USD/JPY continues to rise, and eyes 162.00 to the upside.Global fixed benchmarks are mixed; Gilts digest UK PM Starmer's decision to resign.Looking ahead, highlights include Canadian Inflation (May), EU Consumer Confidence Flash (Jun), CNB Minutes (Jun), and speakers including Fed's Waller & ECB's Lagarde.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

Crude opened firmer after reports suggested Iran had closed the Strait of Hormuz. However, this then reversed on a joint mediator statement, Brent currently in the red.Thereafter, Iranian Foreign Minister Araghchi flagged major progress, mediators say technical talks will continue this week.APAC stocks were mixed give the above. European futures point to a softer open, Euro Stoxx 50 -0.4%.USD choppy but marginally firmer vs major peers. USTs and Bunds in the green but relatively contained.Mixed reporting on what UK PM Starmer will do in the next few days. Elsewhere, Burnham's team are said to be divided over who to appoint as Chancellor.Looking ahead, highlights include Canadian Inflation (May), EU Consumer Confidence Flash (Jun), CNB Minutes (Jun) Speakers including Fed's Waller & ECB's Lagarde.Click for the Newsquawk Week Ahead.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

US VP Vance is no longer travelling to Switzerland. Reports suggest this is due to the situation around Lebanon. Crude in the red, but off lows.Labour's Burnham won the UK Makerfield by-election, meaning he is on course to become PM though the process for that largely depends on current PM Starmer.Two-way APAC trade in thin holiday conditions. European futures points to a softer open, Euro Stoxx 50 -0.4%.USTR has commenced a Section 301 probe into German pharmaceuticals.DXY gradually extended on recent momentum to the modest detriment of peers across the board.Looking ahead, highlights include German PPI (May), UK Retail Sales (May), PSNB (May), Canadian Retail Sales (Apr), Speakers including ECB's Lane, Cipollone & Elderson.Note, US markets are closed for Juneteenth. Newsquawk desk is operating as usual.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

The Swiss government confirms that the plan still stands for the US, Iran, Pakistan and Qatar to meet on Friday in Switzerland to commence talks. Furthermore, Al Hadath added that the talks will include the legal aspects related to lifting Iranian sanctions, the issue of frozen funds and the Iranian nuclear file. A Lebanese source also stated that negotiations will discuss Israel's withdrawal along with a timetable for the experimental zone.SNB and Norges Bank leave their respective rates unchanged, as expected. The SNB highlighted increased readiness for FX intervention, while the Norges Bank stated a higher likelihood of near-term rate hikes. US equity futures pare post-Fed losses, with NQ outperforming as US President Trump announced AAPL-INTC collaboration.DXY hold onto post-FOMC bid, GBP to digest BoE and by-election, CHF softer following increased SNB intervention.Fixed income benchmarks mixed; energy benchmarks softer following MoU signing (Brent -1.8%).Looking ahead, highlights include Canadian PPI (May), US Initial Jobless Claims (Jun/13), New Zealand Trade Balance (May), BoE Policy Announcement, CNB Policy Announcement, UK Makerfield by-election, Speakers including ECB's Elderson, Cipollone & Lane, Supply from the US.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

Fed held rates but removed forward guidance completely while the SEPs showed 9 members anticipate a 2026 hike, sparking a hawkish reaction.US stocks finished lower, USD bid and the US yield curve bear flattened. Markets returned to fully pricing in a 25bps hike by end-2026.However, a portion of this unwound in APAC trade as oil prices moved lower following the US and Iran signing the 14-point agreement digitally; move capped as talks in Switzerland on Friday are not yet confirmed.Nonetheless, crude benchmarks are lower by over 2% and towards the session trough as we await clarity on Friday.APAC stocks traded mixed as the initially digested the Fed, before lifting on the MOU signing.US President Trump said he thinks Russian President Putin and Ukrainian President Zelensky want to do something on the war.Looking ahead, highlights include UK Employment Report (Apr), Average Earnings (May), Canadian PPI (May), US Initial Jobless Claims (Jun/13), New Zealand Trade Balance (May), SNB Policy Announcement, Norges Bank Policy Announcement, BoE Policy Announcement, CNB Policy Announcement, UK Makerfield by-election, Speakers including Norges Bank's Bache, SNB's Schlegel, ECB's Elderson, Cipollone & Lane, Supply from Spain, France & US.Click for the Newsquawk Week Ahead.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

An informed source told Tasnim that Bloomberg's alleged text of the US-Iran MoU is not accurate, but that the finalised text will be published after the signing on Friday. However, it was initially stated that it would not be published. US equity futures gain steadily; Germany's DAX 40 underperforms, weighed by BMW's guidance cut.DXY flat, G10s mixed; SEK softer despite Riksbank forecasts of a greater chance of a rate hike.Fixed income muted, while gilts outperform following cooler-than-expected CPI; Fed announcement ahead. Energy benchmarks contained in narrow ranges, as the focus remains on the US-Iran MoU signing. Looking ahead, highlights include US Retail Sales (May), Atlanta Fed GDP (Q2), New Zealand GDP (Q1), Fed Policy Announcement, BCB Policy Announcement, Speakers including ECB's Lagarde & Fed's Warsh.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

The US will allow Iran to immediately begin selling oil and fuel under the deal to end the war, offering Tehran an early financial incentive to wind down the conflict, WSJ reports, citing sources.Iran and Oman are already talking about how they will manage the Strait of Hormuz, as laid out in one of the reported points. They want to charge a "fee" for the management "services”, NYP reports, citing sources.IDF is prepared to stay in southern Lebanon for a significant period, Kann News reports. Reports of artillery shelling have continued in southern Lebanon.The US delayed the blacklisting of China's DeepSeek and over 100 Chinese firms deemed national security risks, to avoid escalating tensions with Beijing, Reuters reports, citing sources.APAC stocks were mixed, whilst US equity futures are indicative of a slightly weaker open.DXY trades tentatively as markets await today's Fed policy decision, and the debut of Chair Warsh; CHF incrementally leads, whilst the Kiwi lags.Looking ahead, highlights include UK Inflation Report (May), ECB Wage Tracker (Jun), EU Inflation Final (May), US Retail Sales (May), Atlanta Fed GDP (Q2), New Zealand GDP (Q1), Riksbank Policy Announcement, Fed Policy Announcement, BCB Policy Announcement, IEA OMR. Speakers include ECB's Cipollone & Lagarde, Riksbank's Thedeen & Fed's Warsh. Supply from Australia & Germany.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

The BoJ hiked rates to 1.00%, as expected, while the RBA left rates unchanged at 4.35% following three consecutive 25bp rate hikes. Qatar is to restore half of its LNG output a month after the Strait of Hormuz opens, with output to reach 80% of full output within two months.US equity futures are mixed, while SPCX (+10.2% pre-market) looks set to surpass AMZN's market cap.DXY softer amid pressure in energy prices; JPY and AUD flat following rate announcements.Fixed income benchmarks are broadly higher, while JGBs fell as the BoJ paused purchase tapering from FY27.Looking ahead, highlights include US ADP Weekly, Import/Export Prices (May), Housing Starts (May), Atlanta Fed GDP (Q2), Speakers including ECB's Lane, Supply from the US.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

US President Trump said the Hormuz deal is fully signed and that the Strait of Hormuz has already partially reopened, with a complete reopening expected on Friday.The US claim that Lebanon is not included in the memorandum of understanding is false, reports Fars, citing sources.Israeli artillery shelling was reported in southern Lebanon, while it was also reported that Hezbollah fired rockets at Israeli soldiers in the region.APAC stocks were mixed, cooling from the relief rally seen on Monday; European equity futures are indicative of a slightly lower open.DXY is a touch firmer and trades around 99.70; JPY incrementally gains post-BoJ, which delivered a 25bps hike, as expected. The Aussie was little moved by the RBA's hawkish hold.Looking ahead, highlights include Italian Inflation Final (May), EU/German ZEW (Jun), US ADP Weekly, Import/Export Prices (May), Housing Starts (May), Atlanta Fed GDP (Q2), Speakers including RBA's Bullock, BoJ's Uchida & ECB's Lane, Supply from UK, Germany & US.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

The US and Iran have reached a framework peace agreement; the US will lift its naval blockade, whilst the Iranians will reopen the Strait of Hormuz. The Pakistani PM suggested it would be signed in person on Friday, 19th June; Brent Aug'26 -4.5%.The deal includes the termination of military operations on all fronts, including in Lebanon. Israel's Katz said that they would not withdraw from Lebanon. US equity futures bid amid the constructive risk tone; NQ +1.9% DXY pressured as markets pare hawkish Fed pricing, ahead of Fed Chair Warsh's first meeting.Fixed income benchmarks firmer but off best levels, as yield curves bull steepen.Looking ahead, highlights include US Industrial/Manufacturing Production (May).Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

The US and Iran have reached a framework peace agreement; the US will lift its naval blockade, whilst the Iranians will reopen the Strait of Hormuz. The Pakistani PM suggested it would be signed in person on Friday, 19th June; Brent Aug'26 -4.3%.The deal includes the termination of military operations on all fronts, including in Lebanon; Israel has yet to comment on the latest deal.Iran's Deputy Foreign Minister said talks are contingent on the release of assets and the lifting of sanctions; though a US official pushed back on the unconditional fund release, stating that any release is tied to a pay-for-performance deal.APAC stocks rallied following the US-Iran deal announcement; European equity futures are indicative of a strong open.DXY pressured back towards the 99.40 level; Antipodeans outperform given the risk tone.Looking ahead, highlights include German Wholesale Prices (May), EU Industrial Production (Apr), US Industrial/Manufacturing Production (May), and comments from ECB's Lagarde.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

Iran's Mehr News reports that the US-Iran MoU includes the reopening of the Strait of Hormuz, lifting oil sanctions, and releasing frozen Iranian funds. The draft is still being reviewed. Brent -4.1%.The US and Iran deal signing could occur around the June G7 meeting in Geneva (June 15th - 17th).Global equities gain on the constructive risk tone, SPCX set to debut today.DXY rangebound, EUR holds above 1.1580 despite somewhat conflicting ECB reports. Fixed income benchmarks benefit from the softer energy prices.Looking ahead, highlights include Canadian Wholesale Sales (Apr), US UoM Prelim. (Jun) & SpaceX Debut.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

US President Trump said we made a great settlement of war with Iran, signing will probably happen in Europe and soon; Brent -2.0% at USD 88.50/bbl.Israel is not a party to the MOU, though PM Netanyahu expressed his appreciation to the US' commitment, CBS reported. Iran is reportedly yet to come to a final conclusion on the deal.APAC stocks rallied in a continuation of the strength from Wall St. on the settlement report and despite the Israeli & Iran reporting.European futures point to a firmer open, Euro Stoxx 50 +1.7%. US futures are also bid, ES & NQ +0.2%, looking to the SPCX IPO.FX moved to the above, currently features a firmer USD to the detriment of NZD and JPY in particular. Fixed income holds onto gains.Looking ahead, highlights include German/French/Spanish HICP Final (May), UK GDP (Apr), Industrial Production (Apr), Canadian Wholesale Sales (Apr), US UoM Prelim. (Jun), SpaceX Debut & COO Interview.Click for the Newsquawk Week Ahead.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

The US and Iran exchanged another round of strikes overnight, resulting in Iran announcing the complete closure of the Strait of Hormuz, effective immediately, and threatening to hit any vessel crossing the Hormuz.However, an Iranian source told Reuters that Iran and the US are still in negotiations over a preliminary deal, which includes a mechanism for unfreezing funds. US equity futures pare Wednesday's losses ahead of SPCX IPO pricing.DXY flips across the 100.00 handle; EUR muted ahead of ECB policy announcement.Fixed income muted, US 10yr remains above 4.50% with PPI ahead. Crude futures reverse earlier gains amid positive reports of continued US-Iran negotiations.Looking ahead, highlights include US PPI (May), Jobless Claims (May/30), ECB Policy Announcement (Jun), CBRT Policy Announcement (Jun), OPEC MOMR (Jun), Comments from ECB President Lagarde, Supply from the US and Earnings from Adobe.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

US CENTCOM launched fresh strikes on multiple targets in Iran, which have since been “completed”. In retaliation, Iran struck 18 US military targets in two waves, and multiple explosions were reported at US bases in Kuwait and Bahrain.Speaking on Wednesday (US time), US President Trump stated that Iran must choose between war or a new deal and warned, “we'll bomb them to rubble tomorrow night” if there is no deal.Iran said the Strait of Hormuz was declared closed to the passage of any type of vessel, including all tankers and commercial vessels. However, the US rejected this claim, adding that transit was continuing through the Strait.Crude benchmarks gained on the US strikes, but have since most of the overnight advances given Trump had warned to hit Iran in advance, and after CENTCOM said the latest strikes had been completed. Brent Aug'26 +0.6%.APAC stocks extended lower; European equity futures are indicative of a weak open.DXY is slightly lower heading into US PPI, whilst G10s post mild gains.Looking ahead, highlights include Swedish CPIF Final (May), US PPI (May), Jobless Claims (May/30), ECB Policy Announcement (Jun), CBRT Policy Announcement (Jun), OPEC MOMR (Jun), Comments from ECB President Lagarde, Supply from UK, Italy & US, Earnings from Adobe.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

US launched fresh strikes on Iran in response to Monday's downing of an Apache helicopter; the mission was a “proportional response” to Iranian aggression, while President Trump called it “very strong and powerful”.Iran responded with attacks on US bases in Bahrain, Kuwait and Jordan; Brent Aug'26 U/C.A White House senior official said nothing has changed in their position regarding an agreement with Iran, and it is still close despite the strikes.Iranian Foreign Ministry spokesperson Baghaei says they need to reassess, following the overnight clashes, when questioned on talks with the US, SNN reports.US equity futures extend lower and currently reside at lows; NQ -1.2% underperforms.DXY is incrementally lower into US CPI; USD/JPY choppy on reports that BoJ Governor Ueda is in hospital and will not attend the June meeting.Global fixed benchmarks are slightly lower in quiet trade, US paper awaits data and a 10yr auction.Looking ahead, highlights include US CPI (May), BoC Policy Announcement (Jun), Speakers including BoC's Macklem, Supply from the US, Earnings from Oracle.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

US launched fresh strikes on Iran in response to Monday's downing of an Apache helicopter; the mission was a “proportional response” to Iranian aggression, while President Trump called it “very strong and powerful”.Iran responded with attacks on US bases in Bahrain, Kuwait and Jordan; Brent Aug'26 +0.1%.A White House senior official said nothing has changed in their position regarding an agreement with Iran, and it is still close despite the strikes.US and Iran had reportedly narrowed negotiations to four core nuclear issues in the days before the latest flare-ups, NYT reported.APAC stocks were mostly lower amidst geopolitical strikes and mixed Chinese CPI; European equity futures are indicative of a slightly weaker open.DXY is incrementally lower into US CPI, G10s are mixed against the USD, with the Aussie slightly underperforming.Looking ahead, highlights include Norwegian CPI (May), Swedish GDP (Apr), US CPI (May), BoC Policy Announcement (Jun), Speakers including BoC's Macklem, Supply from Germany & US, Earnings from Oracle.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

US President Trump said they are negotiating with Iran, and a victory will happen very soon, while he stated they will declare total victory in two weeks.US President Trump said Israel and Iran agreed to leave each other alone for another week.US equity futures continue to gain; FTSE 100 underperforms as Pharma giants fall. DXY returns below 100.00 handle, Kiwi outperforms while GBP gains following strong BRC sales. Fixed income benchmarks are tentatively firmer as geopolitical tensions ease.Crude continues to soften amid halted Iran-Israeli strikes; metals supported by softer dollar and positive risk toneLooking ahead, highlights include Mexican Inflation (May), US ADP Weekly Change, Exports/Imports, Atlanta Fed GDP, Existing Home Sales (May), Wholesale Inventories (Apr), Canadian Exports/Imports (Apr), EIA STEO (Jun), Comments from ECB President Lagarde, Supply from the US.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

US President Trump said they are negotiating regarding Iran and a victory will happen very soon; he stated they will declare total victory in two weeks; Brent Aug'26 -1.1%Trump was said to have warned Israeli PM Netanyahu that if he turns escalation into war, he will be left alone against Iran. He also told the Israeli PM that if he does not get an Iran deal within a few days, he would lead the strikes on Iran.A top Iranian official casted doubt on a deal being imminently reached between the US and Iran, telling CNN that major roadblocks persist on issues like Iran's nuclear program and uranium enrichment.Pentagon accused several Chinese tech-giants (Alibaba, Baidu, BYD, Tencent) of aiding the Chinese military.APAC stocks traded mixed; European equity futures are indicative of a slightly weaker open.DXY is incrementally lower with G10s broadly firmer, and the Kiwi outperforms.Looking ahead, highlights include German Balance of Trade, Exports, Imports (Apr), Mexican Inflation (May), US ADP Weekly Change, Exports/Imports, Atlanta Fed GDP, Existing Home Sales (May), Wholesale Inventories (Apr), Canadian Exports/Imports (Apr), EIA STEO (Jun), Comments from ECB President Lagarde, Supply from Netherlands, Germany & US.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

Over the weekend, Israel struck Lebanese targets despite US President Trump urging Israeli PM Netanyahu to refrain from strikes. In retaliation, Iran launched missiles at Israel.US President Trump has ordered Israel and Iran to immediately stop shooting. Crude futures jump (Brent Aug'26 +4.1%) following the renewed strikes, weighing on fixed income benchmarks.European bourses slump after renewed Middle East strikes and further tech selloff, while US equity futures rebound from last week's selloffDXY rangebound; antipodeans outperform while USD/JPY slips back below 160.00 handle. Looking ahead, highlights include US NY Fed SCE (Jun), Apple WWDC Keynote (June 8-12).Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

Israel conducted airstrikes in Beirut, which led to retaliatory attacks by Iran against Israel. The Iranians warned that if Israel expands its Lebanon operations, it will deliver “devastating blows”; Brent Aug'26 +4.1%.US President Trump said he was supposed to announce that a deal with Iran would be signed this week, and now this (in reference to the above airstrikes) is happening.US President Trump said Israeli PM Netanyahu will have no choice but to accept whatever deal the US negotiates with Iran because he calls the shots.APAC stocks were negative, amidst the geopolitical escalation and after Friday's tech-led losses. European bourses are indicative of a weak open.DXY is a touch lower, whilst Antipodeans are incrementally firmer. USD/JPY hovers above 160.00.Looking ahead, highlights include German Factory Orders (Apr), US NY Fed SCE (Jun), Apple WWDC Keynote (June 8-12).Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

Iran has informed Pakistan of its acceptance of transferring part of its uranium to a third country that agrees to it. However, Al Arabiya followed up by stating that the US still refuses Iran's request to release its frozen funds.US equity futures tilt negative as AVGO AI revenue guidance continues to infect the tech space. G10s firm against the Buck into NFP, expectations of 85K.Tentative action across fixed benchmarks, while gilts outperform as the Makerfield by-election nears. Crude off lows while Washington gives Iran till the end of the week to respond.Looking ahead, highlights include US Jobs Report (May), Canadian Jobs Report (May), Speakers include BoE's Bailey & Dhingra.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

US President Trump said that Iran talks are going well. He reiterated that almost all of Iran's leadership has been wiped out; Brent Aug'26 +0.4%.Washington has demanded that Tehran deliver its response before the end of the week, and stated no progress in negotiations between Iran and the US, Al Hadath reports, citing Israeli Channel 12. Washington warned Tehran, “either an agreement or a military strike”.Ukrainian President Zelensky sent a letter to Russian President Putin, which said that the choice is yours; "Enough of war, Ukraine proposes to end this war".APAC stocks were mostly lower, subdued by tech-related pressure stateside; European equity futures are indicative of a slightly lower open.DXY is slightly lower, awaiting the key US NFP report; G10s trade lacklustre, whilst USD/JPY lingers around 160.00.Looking ahead, highlights include French Balance of Trade (Apr), BoE DMP (May), EU Employment Change Final (Q1), GDP 3rd Estimate (Q1), Italian Retail Sales (Apr), Canadian Jobs Report (May), US Jobs Report (May).Speakers include RBA's Hauser, BoE's Bailey & Dhingra.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk