US futures, Globex, open for the new week's trade. Risk off, as expected.

US futures opened with a clear risk-off tone: S&P 500 futures were trading about 1% lower and Nasdaq futures also down, while oil prices gapped sharply higher (Brent and US crude up roughly 7%). Early FX indicative rates signalled the moves ahead of the cash open, and weekend newsflow had already hinted at the same directional bias. The market reaction implies downward pressure on US equities at the open amid a commodity-driven risk shift, with oil strength likely reflecting geopolitical/supply concerns that are weighing on risk assets and supporting a defensive market stance.