- S&P futures are up 0.5% and Nasdaq futures only up 0.2% in Wednesday morning trading after putting in a mixed performance on Tuesday, unable to sustain an earlier bounce attempt.
- Many markets are coiling
- Fed meeting today
- Evergrande situation is not clear. Good comments from ISI on note
- European equities seeing solid gains after a mixed Asian session.
- Treasuries a bit weaker across the curve.
- Dollar better vs yen and sterling but slightly weaker on the euro cross.
- Gold off 0.2%.
- Bitcoin up 2.5%.
- WTI crude up 1.5%.
- I will put out a late Daily Note after the Fed meeting