[MARKET UPDATE] US equity futures reopen with mild gains after last Friday's rebound, oil futures are down around 1.3% with US-Iran talks to continue early this week, while JPY weakens following PM Takaichi's landslide election victory

US equity futures reopen with mild gains after last Friday's rebound, oil futures are down around 1.3% with US-Iran talks to continue early this week, while JPY weakens following PM Takaichi's landslide election victory.

US equity futures opening with mild gains could suggest a positive sentiment lingering from last Friday's rebound, reflecting ongoing market confidence. The 1.3% decline in oil futures, alongside US-Iran talks, may signal supply concerns impacting prices, while the weakening JPY following PM Takaichi's election win indicates a shift in monetary policy expectations, likely affecting cross-asset flows. Traders should keep an eye on these developments to gauge potential volatility in both equity and commodity markets.