US futures are indicating a lower open. European equity markets have opened lower, following higher Asian trade. Markets continue to digest the possibility of a central bank pivot as growth concerns and financial stability risk take on a renewed focus. The catalyst was yesterday's smaller-than-forecast Reserve Bank of Australia hike, but the Reserve Bank of New Zealand raised rates by 50-bps overnight, discussed a 75-bp move, and gave no sign of a pivot
Companies mentioned: Amazon (NASDAQ:AMZN), Uber