US equity futures are indicating a broadly unchanged open as of 05:00 ET. This follows mostly weaker Asian trade, while European equity markets are higher. The Bank of Japan moved to increase YCC flexibility at today's meeting, describing the 10Y ceiling of 1% as a reference and making no mention of daily fixed-rate purchase operations. China's manufacturing sector unexpectedly swung back to contraction, while non-manufacturing activity fell to the lowest level since the economy reopened from lockdown earlier this year.
Companies Mentioned: Hubbell, Idex Corp