U.S. equity futures are indicating a higher open as investors prepare for the Consumer Price Index (CPI) inflation report. The S&P futures are up by 0.33% ahead of the February CPI release, while the Nasdaq is also showing gains. European markets opened in the green, reflecting improved sentiment following a mixed session in Asian markets, where Japan's Nikkei rose by 0.25%, buoyed by a rally in semiconductor and battery-related stocks. This positive outlook comes after a challenging week for U.S. markets, which saw significant declines, particularly in the Nasdaq, marking its worst day since 2022. The U.S. dollar is experiencing slight gains ahead of the CPI data, while the Japanese yen is lagging behind its peers. Overall, market sentiment appears to be recovering as investors brace for key economic indicators.