Hope is up. So is AUD, equites (ES +0.4% , NQ +0.6%) Globex trade now open for the week.

Market optimism around tentative diplomatic progress lifted risk assets: the Australian dollar strengthened and U.S. equity futures were modestly higher as Globex trading opened. ES (S&P) futures were up about 0.4% and NQ (Nasdaq) futures about 0.6%, while oil fell roughly 3% on reports of progress toward a Hormuz/Iran deal. The moves reflect a risk-on tilt driven by geopolitical hope that could ease oil-risk premia and support cyclical FX like AUD; traders are positioning ahead of Asian session flows and further headlines on the nuclear/sanctions negotiations.