US stock futures are gaining momentum, led by a rebound in the technology sector, driven in part by anticipation of SK Hynix's upcoming US market debut. Meanwhile, the energy market experiences a downturn as oil prices drop following the resumption of oil flows through the Strait of Hormuz and OPEC+ agreeing on a modest production increase for the next month. ING’s Anneka Treon offers insights into how recent supply disruptions and earnings reports are shaping market dynamics.
On the geopolitical front, attention is focused on Turkey, where President Donald Trump is set to meet Ukrainian President Volodymyr Zelenskyy during the NATO summit. This meeting is significant for discussions on defense strategies and maintaining regional stability amid ongoing international tensions. The summit provides a platform for alliance leaders to deliberate on future collaborative efforts and security challenges.