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US Market Open: Trump is reportedly favouring diplomacy with Iran; DXY is under mild pressure awaiting midterms

US President Trump reportedly favours giving diplomacy with Iran more time before considering renewed military strikes, Axios reported.

Iran reportedly conveyed seven conditions to Qatar for reaching an agreement with Washington, including lifting the US blockade of Iranian ports, Kyodo reported.

US equity futures rebound with Apple on the docket after-hours.

DXY is softer; EUR outperforms despite Fitch's negative outlook on France.

Fixed income benchmarks gain amid lower energy prices (Brent -4.1%).

Looking ahead, highlights include US Manufacturing PMI Final (Oct), ISM Manufacturing PMI…

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