US futures are pointing to a lower open as of 04:05 ET. European equity markets have opened with small losses, following lower levels in Asia. July FOMC minutes expected to mirror Powell's recent hawkish-leaning comments hinting at two further rate hikes in 2023. Fed Fund Futures currently pricing in 89% chance of a hike this month but only 32% chance of a second hike in September.
Companies Mentioned: Thermo Fisher Scientific (NYSE:TMO)