US equity futures are firmer, Asian markets are mixed, and European equities are also trading higher. Markets are being driven by renewed optimism around the AI and memory cycle following strong guidance from Micron and upgraded outlooks from Qualcomm. At the same time, weaker oil prices are easing pressure on rates and contributing to expectations of a slower pace of central bank tightening, although policymakers continue to signal a cautious stance with risks around inflation still present.

Companies Mentioned: Meta, MetLife, EasyJet