US equity futures are mixed as of 05:00 ET. This follows mixed markets in Asia, while European equity markets are lower. The Bank of Japan announced its intent to taper Japanese government bonds purchases and left rates unchanged as expected. Markets are fully pricing in two Fed rate cuts after cooler-than-expected US PPI provided further evidence on the disinflation trajectory. The G7 meeting saw the US and Ukraine sign a 10-year bilateral security agreement.
Companies mentioned: Mastercard (NYSE:MA), Visa (NYSE:V), Adobe (NASDAQ:ADBE)