UPDATED 7:30 ET
STOCKS – European stocks were little changed, after equities rose for two days, as investors awaited a policy decision by the Federal Reserve. U.S. index futures were also little changed, while Asian shares dropped.
BONDS – Treasury yields were in the tightest range in nearly seven years as traders weighed prospects for Federal Reserve bond tapering against concern tension between the U.S. and Russia over Crimea will increase.
COMMODITIES – Copper fell in London after the collapse of a private real-estate developer in China, the biggest consumer of the metal, fueled concern demand is set to weaken amid defaults by indebted companies.
CURRENCIES – The pound strengthened after the Bank of England said there’s a risk of further gains as Britain’s economy recovers and a government report showed the U.K. jobless rate was near a five-year low.
ECONOMIC DATA – GBP Annual Budget Release due at 8:30, Crude Oil Inventories at 10:30, SNB Chairman Jordan Speaks at 13:45, FOMC Statement at 14:00, FOMC Press Conference at 14:30, NZD GDP at 17:45 ET.