S&P equity futures remain below Tuesday’s close. Asian equities were mixed overnight with China, Australia and South Korea higher while Hong Kong and Japan lagged. European equities are under pressure with most bourses down over 1%. Treasuries firmer with 10-year yields holding below 1.50% following the big bull flattening move early in the week. The dollar is little changed on the major crosses. Gold down 0.2% after losing 1% on Tuesday WTI crude up 0.6%.

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