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

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…