US equity futures are indicating a higher open as of 05:00 ET. This follows higher Asian trade, with European equity markets also trading up. Risk appetite still in recovery mode ahead of the key US CPI data later today on hopes China deflation may lead to a pause (or end) in central bank hiking cycles. Some attention also on EU gas prices, which jumped 40% on Wednesday as Australia labor strikes risk 10% of global LNG.
Companies Mentioned: Baidu (NASDAQ:BIDU), Tencent, Alibaba (NYSE:BABA), ByteDance, Nvidia, Tapestry, Capri Holdings, Deustche Telekom, Siemens AG (ETR:SIEGn), Allianz (ETR:ALVG)