US futures are pointing to a slightly higher open today. European equity markets have opened in the negative territory, following largely lower Asian markets. Sentiment towards China continues to improve with Goldman Sachs joining HSBC in upgrading its rating on equities. Nothing news came out of China's NDRC press briefing. RBA discussed scenario where rate hike could happen if financial conditions are too loose. ECB hawk Nagel supported October rate cut.

Companies Mentioned: DS Smith, International Paper, Ares Management