US equity futures are broadly unchanged as of 04:45 ET. This follows mostly higher markets in Asia, whilst European equity markets have opened lower. Markets overnight have continued to react to the cooler-than-expected US CPI print, which has put renewed impetus behind the disinflation narrative following a recent run of hot prints. The Australian market reacted dovishly to employment data showing a surprise jump in the unemployment rate.
Companies mentioned: Paramount Global (NASDAQ:PARA), Amazon (NASDAQ:AMZN), Shein, Pfizer (NYSE:PFE), Siemens