The US equity futures are still pointing to a higher opening for all three major indexes this afternoon, but not as high as seen earlier. We have seen some Q1 earrings reports released already today and the numbers from Verizon and RTX have beaten the street. The numbers from Lockheed Martin were a little shy though. At the same time it is still a fact; that none of those might matter much, given the current backdrop. Meantime, the EUR/USD has now filled that 1.1473 price gap mentioned in the previous update, as it has now set a new low on the day at 1.1462. Shortly at 12.30pm GMT we will get the latest Philadelphia Fed non-manufacturing index. Then at 2pm GMT we get the latest nationwide consumer confidence index and Richmond Fed manufacturing index and those could have an impact on how the US markets reopen. Ahead of all that the S+P 500 futures off their earlier highs, currently pricing the opening at around 5,199