US Market Open: Stocks lacklustre despite Energy bounce; AMD -8%, SPCX -11% after earnings

US President Trump said they are moving along very nicely regarding Iran, and we will know in 48 hours about Iran.Axios reported that the proposed deal would route inbound Gulf traffic through Iranian waters and outbound traffic through Omani waters for 60 days, with no fees and the central lane cleared of mines within 30 days ahead of a permanent arrangement.Yemen's Houthis said they attacked a vessel in the Red Sea, attacked a Saudi oil tanker off the Yanbu and stated operations will continue and escalate in targeting Saudi oil tankers.US equity futures are mixed, with AMD and SPCX weighing on the NQ.DXY flat, NZD underperforms after weak employment data.Energy benchmarks climb as markets await for a potential agreement over the Strait of Hormuz.Looking ahead, highlights include US ADP Employment Change (Jul), S&P Services/Composite PMI Final (Jul), ISM Services PMI (Jul), NBH Minutes (Jul), US Treasury QRA/Press Conference, BCB Policy Announcement (Aug). Speakers include Fed's Cook. Earnings from Eli Lilly, Uber, Walt Disney & SanDisk.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk