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US Market Open: Yields and oil ease after optimistic Pakistan-Iran sources, supporting stocks with NQ +1%

Pakistani Army Chief Munir conveyed an offer to Iran, from the US, to halt the naval blockade in exchange for opening the Strait, Al Arabiya reports, citing sources. Brent Nov’26 -2.5%.Pakistan reported "significant progress" was made in high-level diplomatic talks held in Tehran.European bourses modestly gain, with strength also seen across US peers; NQ +0.6%.DXY is flat, trading around the 99.00 mark; G10s are mixed.Fixed income benchmarks are firmer, benefiting from lower energy prices; Bunds were mildly pressured on Ifo.Looking ahead, highlights include US ADP Employment Change Weekly…

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