US futures are indicating a higher open today. European equity markets are mostly higher, following Asian markets finished mostly higher. Sentiment is positive at the start of the week as market participants anticipate dovish policy updates from the Fed and BoE. The Fed is expected to keep rates on hold, but markets are more interested in whether officials will give a firmer indication that a September rate cut is coming. Market participants are evenly split on Thursday's BoE decision. The yen is extending its biggest weekly advance against the dollar since the late April intervention. China's industrial profit growth rebounded in June, attributed to a surge in output and easing of factory-gate deflation pressures.
Companies Mentioned: Apple (NASDAQ:AAPL), Boeing (NYSE:BA), Abbott Labs (NYSE:ABT)