Good morning to our US followers!!

- A US base in Kuwait was reportedly struck; UKMTO received a report of an incident 20 nautical miles northeast of Oman's Al Khasab. Additionally, a dry bulk carrier was reportedly hit by a projectile near the Strait of Hormuz.

- Iranian President said Tehran would defend its borders but does not seek to expand the war, according to state media.

- 10yr JGB futures saw two-way trade, in which it briefly fell over 60 ticks on a weak 10yr JGB auction, before trimming losses.

- US equity futures are modestly higher, with PLTR and ON benefiting from strong earnings.

- DXY regains the 100.00 handle, USD/JPY nears 158.00 as 155.00 becomes the new floor.

- Energy benchmarks continue to climb amid US-Iran uncertainty.

- Looking ahead, highlights include US/Canadian Trade Balance (Jun), US JOLTS (Jun), Atlanta Fed GDP (Q3), New Zealand Jobs Report (Q2). Comments from Fed's Paulson. Supply from Germany. Earnings from Pfizer, Caterpillar, Merck, AMD & SpaceX.

Good morning to our US followers!!

- A US base in Kuwait was reportedly struck; UKMTO received a report of an incident 20 nautical miles northeast of Oman's Al Khasab. Additionally, a dry bulk carrier was reportedly hit by a projectile near the Strait of Hormuz.

- Iranian President said Tehran would defend its borders but does not seek to expand the war, according to state media.

- 10yr JGB futures saw two-way trade, in which it briefly fell over 60 ticks on a weak 10yr JGB auction, before trimming losses.

- US equity futures are modestly higher, with PLTR and ON benefiting from strong earnings.

- DXY regains the 100.00 handle, USD/JPY nears 158.00 as 155.00 becomes the new floor.

- Energy benchmarks continue to climb amid US-Iran uncertainty.

- Looking ahead, highlights include US/Canadian Trade Balance (Jun), US JOLTS (Jun), Atlanta Fed GDP (Q3), New Zealand Jobs Report (Q2). Comments from Fed's Paulson. Supply from Germany. Earnings from Pfizer, Caterpillar, Merck, AMD & SpaceX.

Source:https://twitter.com/newsquawk/status/2084577997445640434