US futures drive higher ahead of Powell, ADP employment data later in the day ...Middle East

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Tech shares are leading the charge with Nasdaq futures seen up 0.8% at the moment. But the better mood in general is also driving European indices a little higher on the session. The DAX is up 0.2% while the CAC 40 is up 0.3% at the moment. The better risk mood is weighing slightly on the dollar with EUR/USD seen up 0.2% to 1.0878 and AUD/USD up 0.3% to 0.6523 currently.In terms of risk events today, we will have Fed chair Powell's testimony in Congress and also the US ADP employment data. The former is likely to be a non-event as Powell is expected to retain a more hawkish stance for now. He should reaffirm that rate cuts are on the table for later this year but not so much an option for th

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