- Stocks are set to take a slight breather at the open after a big two-day run higher. Yesterday's dovish FOMC minutes capped by remarks from Chicago Fed boss Charles Evans continues to hold effect in the bond market, where the 10-year Treasury yield falls another three basis points to 2.66%. News that rate hikes might not be coming as quick as expected has gold staying jiggy as well, up another 1.3% to $1,323 per ounce.
- Unable to feed off yesterday's afternoon rally in the States, Europe is off moderately, but Asia was mostly higher overnight, led by a 1.4% gain in Shanghai.
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