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EU Market Open: Europe set for flat open despite still-elevated energy benchmarks; US CPI ahead
Iran’s Secretary of the Supreme National Security Council said the Strait of Hormuz would not open until the US accepts Iran's conditions.Crude futures edged higher amid the ongoing geopolitical uncertainty; spot gold reclaimed USD 4,400/oz to the upside.APAC stocks traded mixed amid geopolitical uncertainty, earnings releases and as participants await US CPI data; Europe is set for a flat open.DXY traded little changed as markets await US inflation data over the next couple of days and in the absence of any major fresh catalysts.10yr UST futures traded little changed following the prior…
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