US equity futures are indicating a lower open as of 05:00 ET. European equity markets are weaker, while Asian equities ended mixed. Higher-than-expected US inflation continues to reverberate on markets, which are pricing in greater probability of a 100 bp Fed rate hike in July. The narrative has continued with record low Australian jobs data, and unexpected monetary intervention from Singapore's MAS and the Philippines Central Bank
Companies Mentioned: DigitalBridge, Brookfield Infrastructure, Deutsche Telekom (ETR:DTEGn), Tokyo Electric Power Co. Holdings, Celsius Network