US futures are indicating a slight higher open. European equity markets have opened lower, following weaker trading in Asian markets. Market momentum has remained to the downside as the Fed's raise-and-hold messaging, expectations for a more hawkish ECB, tightening financial conditions, stagflationary headwinds from Europe's energy crisis, and China's Covid lockdowns weigh on the growth outlook. Bond market volatility is also another talking point as central banks prepare for more outsized rate hikes in response to elevated inflation and a still-tight labor market.
Companies Mentioned: EQT, Meta Platforms, Nissan Motor, Honda Motor, Dongfeng Motor Group, Guangzhou Automobile Group