US equity futures are indicating a higher open as of 04:45 ET. This follows mixed trading in Asian markets, whilst European equity markets are higher. The market focus is on earnings and China policy support headlines. PBoC announced a cut in bank RRR by 50 bps effective from early February. Markets bracing for upcoming reports from the Magnificent Seven. Aggregate beat rates off to a soft start, broadly in line with subdued expectations.

Companies Mentioned: Walgreens Boots Alliance, Tesla