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US Market Open: NQ underperforms after sharp tech-induced losses in APAC, USD firms into "live" Fed meeting
European bourses began the session firmer despite sharp tech-induced losses in APAC. Oman is said to have presented to Iran a proposal for a joint regional mechanism to manage the Strait of Hormuz with "voluntary fees"; Iran is reportedly demonstrating 'flexibility' over Hormuz Strait operations.Crude futures are softer amid continued efforts to end the US-Iran war, and with the pause in strikes at day three. DXY was directionless throughout most of the morning before edging higher in recent trade, with the FOMC looming on Wednesday.Looking ahead, highlights include US ADP Employment Change…
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