Financial Market Preview - Wednesday 16-Aug

US equity futures are indicating a slightly higher open as of 04:45 ET. This follows a lower Asian session and European equity markets opening mixed to lower, following on from Tuesday's weak US session. China growth concerns and spillover risks from the real estate sector are still undermining broader sentiment. In addition, the recent backup in bond yields is also an overhang, along with conjecture that central banks could flag structurally higher neutral rates.Companies Mentioned: Occidental, Intel, Tower Semiconductor, Esmark, US Steel