US equity futures are indicating a broadly flat open as of 05:00 ET. European equity markets are firmer, yet off best levels, following mostly firmer levels in Asia. Risk appetite remains positive. While a deepening inversion of yield curves is influencing discussions about a harder economic landing, economic headwinds are also fueling expectations of an aggressive Fed pivot in H2.
Companies Mentioned: Mastercard (NYSE:MA), Visa (NYSE:V), Google (NASDAQ:GOOGL)