UPDATED 6:35 am ET
STOCKS – European stocks resumed losses, after the Stoxx Europe 600 Index snapped a six-day losing streak yesterday.U.S. stock-index futures advanced ahead of the Wall Street opening bell.
BONDS – Treasuries fell before Federal Reserve policy makers wrap up meetings amid speculation they’ll look beyond Russia’s currency crisis and consider dropping a pledge to keep interest rates low for a “considerable time.”
COMMODITIES – Oil in New York traded near a five-year low as Russia reiterated that it will keep crude production steady next year, echoing OPEC’s strategy of refraining from curbing supply to tackle a global surplus.
CURRENCIES – The US dollar regained some of the recent losses ahead of the FOMC statement.
ECONOMIC DATA – US CPI m/m and CAD Wholesale Sales m/m due at 8:30, Crude Oil Inventories at 10:30, FOMC Statement at 14:00 FOMC Press Conference at 14:30, NZD GDP q/q at 16:45 ET.