US futures are indicating a higher open. European equity markets have opened higher, following lower Asian trade. Numerous headwinds continue to stalk markets. However we have seen possible signs that the UK government is starting to respond to the magnitude of the crisis, with Truss and Kwarteng to hold an emergency meeting with independent fiscal watchdog today, but they have pushed back against a U-turn on the proposed tax cut plans.
Companies mentioned: Softbank, Ashton Martin, Geely, Puma, Adidas (ETR:ADSGN), Nike (NYSE:NKE)