Pre-Market FTSE 100

FTSE100 to open up +41pps as the index plays catch-up to a furious oil-led bid in energy majors after Iran moved to suspend message exchanges with the US in response to Israel's escalating operations in Lebanon , Brent rocketing 6.7% to $97 and WTI up 7.8% to $94, even as Wall Street wobbled with the Dow shedding 0.49% to 50,783 and 10Y Treasury yields backing up to 4.51%, Asia mixed with the Kospi ripping +3.7% but the CSI 300 down 1%, with focus then shifting stateside to ISM Manufacturing and a Powell appearance for the next directional cue.