US equity futures are indicating a broadly unchanged open as of 04:45 ET. This follows mixed markets in Asia, while European equity markets are mostly higher. The market is in waiting mode for several potential catalysts, particularly the March CPI due later today. We also have the ECB decision on Thursday and the start of bank earnings season on Friday. In overseas developments, Reserve Bank of New Zealand left its official cash rate unchanged as expected and reiterated rates need to remain restrictive for a sustained period.

Companies mentioned: CVC Capital Partners, Tesco, Taiwan Semiconductor