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US Market Open: Crude benchmarks move off lows after the US attacked Iran's Qeshm Island; AAPL -4% post-earnings

The US attacked Iran’s Qeshm Island on Monday, with an official describing it as small-scale and defensive.

Journalist Mallick reported that an agreement for Iran and the US to return to negotiations is reportedly in the works, although a deal is not as close as some suggest.

Multiple reports and Iranian commentary continue to suggest that Iran and the US are reviewing a mediator proposal.

US equity futures are mixed, with the NQ outperforming despite pre-market losses in Apple and Palantir.

DXY is modestly softer; CHF pares back gains following a hot CPI report, AUD lags as the RBA fails to…

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