US Futures are higher as inflation remains under control. The Department of Labor reported that consumer prices rose 0.2% in February, matching expectations. Core CPI was also up 0.2% and headline inflation was up 2.2% yoy, both matching expectations. US futures have pared gains after reports that Rex Tillerson will be replaced by CIA Director Mike Pompeo as Secretary of State. European shares are mixed with utility shares leading to the upside. Asian shares closed mixed with banks leading higher.