Index futures in the US are sitting at the.......>

US: Index futures in the US are sitting at the day's lows a few hours out from

the Wall Street opening bell. E-mini S&P500 futures now sit lower by around

0.8%, indicating a negative cash open and has slipped back below the 100-dma

support at 2907.26. Commodity markets are also in the red, with WTI and Brent

crude futures slipping 1.00-1.50% as risk sentiment remains fragile.

-The US curve is lower and a touch flatter, with the generic 10y yield dropping

around 6bps, but remains above last week's cycle lows of 1.5931%. Lower yields

are holding back the dollar slightly, with the USD index well off the day's

highs to sit broadly flat at 97.52. Any further decline may see DXY find support

at the 100- and 50-dma at 97.345 and 97.189 respectively.

-The calendar is light on both data and CB speakers, keeping focus on the

broader picture, with events in Hong Kong, Argentina and Italian politics

keeping focus.