US PRE-MARKET MOVERS: AI-linked stocks, ORCL, BWIN, ELMT, AFRM ES -0.6% NQ -1.5% RTY -0.4%

Forex Market Snapshot
The dollar mixed awaiting today’s key US CPI report where the reaction, especially in US Treasuries, will be mote important than the headline reading.
JPY, AUD and NZD outperforminmg, EUR a modest underperfrormer as it slips back to 1.16.
Ahead of the data crude oil has slipped a touch after yesterday’s surge higher, US bond yields have followed while US stocks are trading higher.

US Market Wrap: Stocks and Treasuries sold, while oil surges as Middle East tensions escalate
SNAPSHOT: Equities down, Treasuries down, Crude up, Dollar up, Gold down.

US500 4 HOUR: Remains on the defensive
Best hope for stocks would be crude oil backing off and/or a US CPI beat (lower) on Friday as a miss or even as per consensus reading would keep pressure on the bond market. Even a beat might see limited follow through given the sharp rise in oil prices this month and the impact on inflation.
Otherwise, US500 stays defensive as long as it trades below 7610-25, stronger bias if it stays below 7610 as there is a big void below it..

Newsquawk US Market Wrap: Stocks hit as oil and yields climb
SNAPSHOT: Equities down, Treasuries down, Crude up, Dollar flat, Gold up.

How Interest Rates Affect Financial Markets and Traders
(Current: US yields slip back, 10 year 4.829%, USD follows, XAUUSD up, US stocks steady)

US Market Wrap: Stocks fall and crude gains amid escalating geopolitics
SNAPSHOT: Equities down, Treasuries down, Crude up, Dollar flat, Gold down

Forex Market Snapshot
The dollar is tracing mixed, up vs all but the CAD and JPY, the latter up small after USDJPY bounced after extending its low to 152.88.
The mood otherwise is risk off as firm oil prices and-higher US bond yields (curve steepening) weigh on stocks amid rising geopolitical concerns.
No key US data is due today.

US Market Wrap: Dovish Waller sends stocks and bonds higher
SNAPSHOT: Equities up, Treasuries up, Crude up, Dollar down, Gold up

News algos jumped on this headline… bond yields dip, stocks pop, USD dips]

Newsquawk US Market Wrap: Stocks bid with yields and oil little changed
SNAPSHOT: Equities up, Treasuries steepened, Crude up, Dollar down, Gold up.

US Market Wrap: Treasuries and stocks decline as oil rallies on intensifying US/Iran strikes
SNAPSHOT: Equities down, Treasuries down, Crude up, Dollar up, Gold down

US Market Wrap: Oil gains, stocks see losses as US-Iran tensions escalate

Fed Chair Warsh says Fed has more work to do unless confident underlying inflation is moving towards 2% objective…. USD up, stocks slip, GOLD down

US MARKET WRAP: Dollar and US yields rise on above expected PCE; stocks rangebound ahead of NVDA earnings
SNAPSHOT: Equities mixed, Treasuries down, Crude down, Dollar up, Gold down

US bond yields tick up… ripple effects (softer stocks, firmer USD)

Newsquawk US Market Wrap – Stocks bid, yields down as crude slumps on US/Iran ceasefire reports
SNAPSHOT: Equities up, Treasuries up, Crude down, Dollar down, Gold up.

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