US futures are pointing to a higher open as of 04:05 ET. European equity markets have opened mixed to firmer, following higher levels in Asia with Hong Kong being a notable outperformer. Markets are in wait-and-see mode ahead of the US CPI print and key central bank meetings next week. More discussions on a slowdown in growth. Latest Reuters poll of economists showed a 60% probability that US economy is heading for short and shallow recession over coming year. Majority expect Fed to hike rates by 50bps next week with at least another 50bps increase for early next year.
Companies Mentioned: Tesla (NASDAQ:TSLA), Google (NASDAQ:GOOGL), Walmart (NYSE:WMT)