Financial Market Preview - Tuesday 6-Oct

Asia markets ended broadly higher. US futures are slightly higher, while Europe opened with solid gains. The dollar is flat, with little notable movement in Asian FX. Treasuries are mixed, and JGB yields are mostly higher. Oil is lower, with Brent below $100/bbl on Red Sea headlines. Precious metals are mixed, industrial metals are firmer, and cryptocurrencies are weaker. Iran's parliamentary speaker said Strait of Hormuz will remain closed until seven conditions from June MoU with US are satisfied. However, sequencing, nuclear remain key sticking points to any agreement. Elsewhere, Saudi-backed government forces seized key positions in the Dhubab district to secure Bab el-Mandeb Strait. Offensive aims to counter Houthi advances, restore maritime traffic in the Red Sea.Companies mentioned: Informa, HgCapital Trust, KKR, TDK, Seagate, Toshiba