Your morning market brief.In plain English.

Risk assets maintained their elevated levels overnight with S&P futures unchanged at 7563 and Nasdaq holding 30223, as optimism over US-Iran negotiations (Bloomberg Markets) offset weakness in the energy complex. WTI crude dropped 1.37% to $87.68 as markets price in potential supply normalization should diplomatic progress continue. Asian markets showed resilience with Hang Seng gaining 0.7%, though India and Indonesia intervened to support their weakening currencies (Bloomberg Markets). Fed's Schmid reminded markets that officials must stay focused on inflation (Bloomberg Markets), keeping the 10-year yield elevated near 4.48%. Commodities diverged with copper dipping 0.2% while aluminum markets tightened further on inventory drawdowns (Bloomberg Markets). — Editorial note: 9 items automatically removed by the anti-hallucination filter. Removals are logged and reviewed — full transparency on the publisher's audit page.