US Market Open: NQ supported by ASML and SK Hynix strength, DXY and USTs lacklustre into PPI

US struck Iran overnight, Trump said they will do so again on Wednesday night. Adding, they will hit power plants and bridges next week unless Iran negotiates.IRGC targeted weapons/storage in Bahrain and Kuwait, US positions in Jordan and the Fifth Fleet Command HQ. Iran said it is a mistake to think military action will force them to talk.ASML (+3.7%) reported Q2 earnings that beat estimates while raising its FY guidance above analyst expectations. Additionally, the Co. announced a partnership with Intel (INTC) for high-volume production of Intel 18A logic products using High NA EUV.US equity futures are firmer across the board, with NQ supported by ASML and SK Hynix upside overnight.DXY and Fixed Income rangebound ahead of a busy speaker slate.Crude benchmarks eke out mild gains, with another round of US strikes tonight.Looking ahead, highlights include US PPI (Jun), BoC Policy Announcement (Jul), Fed Beige Book (Jul), Speakers including Fed’s Williams, Musalem, Warsh & Cook, BoC Governor Macklem, BoE's Pill, Earnings from United Airlines, Johnson & Johnson, Morgan Stanley, PNC Financial Services, BNY Mellon.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk