[MARKET UPDATE] US equity futures open modestly lower (ES -7 points, NQ -40 points); T-Note futures +1 tick; WTI futures +USD 0.90/bbl; Spot XAU +USD 4/oz

US equity futures are showing modest losses this morning, indicating some risk-off sentiment as traders digest recent market movements. The slight uptick in T-Note and WTI futures suggests a mixed reaction, with bonds potentially benefiting from safe-haven flows while oil prices rise, possibly due to supply concerns or geopolitical factors. It's crucial to monitor how this plays out throughout the session, especially against the backdrop of ongoing economic data and geopolitical developments.