<p>US Market Open: Pound and Gilts buoyed by a UK U-turn; ISM & Central Bank speak due</p><p><a target=“_blank“ href=“https://newsquawk.com/daily/article/?id=2665-us-market-open-pound-and-gilts-buoyed-by-a-uk-uturn-ism-central-bank-speak-due&utm_source=newsquawk&utm_medium=email&utm_campaign=newsletter&utm_content=us-open“ target=“_blank“ rel=“nofollow“>Full Note incl Podcast</a></p><p>European equities have kicked the week off on the backfoot following the selling pressure seen on Wall Street on Friday whilst the APAC session saw holiday-thinned conditions</p><p>US futures are more of a mixed bag with the tech-laden NQ incrementally lagging peers.</p><p>Cable lifted to a 1.1279 best sending DXY below 112.00; however, this action has since eased with peers heavily mixed vs. USD</p><p>Core benchmarks lifted markedly alongside the commencement of Gilt trade following the gov’t u-turn, upside which has since eased</p><p>Crude benchmarks bid on weekend/early-morning reporting around the potential OPEC+ cut magnitude</p><p>Looking ahead, highlights include US Final Manufacturing PMI, US ISM Manufacturing, Speeches from Fed’s Bostic, Barkin, George & Williams, BoE’s Mann & UK Chancellor Kwarteng.</p>

This article was written by Ryan Paisey at forexlive.com.