US Market Open: Dust settles following UST moves on Wednesday; Action quiet elsewhere despite firm Oil benchmarks

US President Trump announced sweeping economic measures against Iran and threatened consequences for countries or entities supporting Tehran.US President Trump reportedly told his negotiating team that the chances of an agreement with Iran have become slim, according to Al Arabiya, citing sources.US equity futures are muted; focus to be on Walmart earnings.DXY extends on Wednesday's losses; NZD outperforms while AUD completely pares the employment report weakness.USTs give back some of the gains driven by the US Treasury announcement.Energy benchmarks higher despite contained APAC trade following Trump's economic update (Brent +2.5%).Looking ahead, highlights include Canadian PPI (Jul), US Initial Jobless Claims (Aug 15), New Zealand Trade Data (Jul). Comments from Fed's Daly and US President Trump. Earnings from Walmart.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk