Morning all!

- US President Trump is considering joining Saudi strikes against Yemen's Houthis following deadly airport attacks, while Iran reiterated that Hormuz will only reopen once the US fulfils all seven conditions.

- US President Trump announced a potential Russia-Ukraine energy ceasefire and a diesel deal with Russia, sparking criticism from US lawmakers.

- APAC stocks traded mixed amid geopolitical tensions and holiday-thinned trade; US equity futures gained, while European futures point to a positive open.

- DXY marginally softened amid lower oil prices and firmer Asian currencies; crude futures reversed opening gains as markets digested weekend geopolitics.

- Looking ahead, highlights include BoE's Breeden and Mann, Fed's Hammack, and LVMH earnings. US cash bond markets are closed for Columbus Day.