US equity futures are indicating a higher open as of 05:00 ET. European equity markets are higher, following a mostly higher trading in Asia. The narrative remains with markets concerned about a more hawkish leaning speech from Fed Chairman Powell later this week, albeit one that has already been telegraphed by a flurry of Fedspeak. We also had further Central Bank action today, with the Bank of Korea hiking its benchmark 7-day repo rate by 25bp to 2.5% as expected.
Companies Mentioned: Amazon (NASDAQ:AMZN), Bed Bath & Beyond (NASDAQ:BBBY), Honda Motor