US futures are pointing to a higher open today on positive sentiment from after-hours rally in Micron. European equity markets have opened in the positive territory, following mostly positive Asian market trades. China set to issue one-off cash handouts to people in poverty to boost holiday spending, while reportedly considering CNY1T capital injection into state banks. RBA Financial Stability Review has no surprises. South Korean policy officials debate over measures. SNB cut rates by 25bps.

Companies Mentioned: Automatic Data Processing, Aramark, Johnson & Johnson