BMO: After a winning session yesterday—including a new all-time high for the #Nasdaq - #equityfutures are pointing about 0.4% higher this morning. Helping #marketsentiment is a step down in #global #bond #yields (10-year #Treasuries at 5.27%) and #oil prices (WTI below $88) #markets

1 BMO: US and Canadian #equityfutures are up this morning (in the 0.2% to 0.5% range @ 06:40 EDT), amid mostly higher global #markets, on the buzz about an #Iran deal. #Treasury #yields are lower along the curve, as much as 3.3 bps at the front end. 🧵

3 BMO: … #WTI #oil prices are up another 1% to $93 a barrel. U.S. #equityfutures are in the red, with the #Nasdaq looking to open 0.9% cheaper and the #S&P500 off 0.5%.
#markets

1 BMO: U.S. #equityfutures are higher this morning. Meantime, #oil #prices fell around 2½%, with #Brent down to $98 and #WTI around $93. The pullback followed reports that #Iran proposed reopening the #StraitofHormuz within seven days if the U.S. lifts its blockade. 🧵
#markets

1 BMO: #yields have drifted lower along the curve (10s down almost 5 bps to 4.95%) amid a drop in #energy #prices ( #WTI just over $97/bbl). That’s helped #equityfutures rise by as much as 1.1% ( #Nasdaq). 🧵
#markets

1 BMO: U.S. #equityfutures are higher this morning, led by a rebound in #technology, putting #markets on track for a calmer end to a turbulent week. #Oil prices, while still elevated, are retreating as Middle East supply concerns ease, w #Brent -2.2% to around $103 and #WTI -1.4% to about $100 🧵

2 BMO: However, #equityfutures are pointing sharply higher this morning (S&P 500 +0.9%) and the #10-year rate has dipped <5% on a near 2% retreat in #WTI #oil prices to ~$100 a barrel. According to the WSJ, the latter reflects less damage to a #SaudiArabia pipeline than previously feared #markets

1 BMO: #U.S. and #Canadian #equityfutures are up this morning (in the 0.2%-to-0.5% range @ 06:40 EDT), amid higher global #markets across the board. #Treasury #yields are lower along the curve, in the 0.9 bps-to-1.4 bps range (10s -1.4 bps to 4.988%). 🧵

1 BMO: U.S. #equityfutures are lower this morning as renewed #MiddleEast tensions push #oil #prices higher and put #inflation risks back in focus. #Brent climbed above $100 and #WTI moved near $95 amid fresh attacks in the region. 🧵
#markets