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STOCKS – The MSCI world equity index, which tracks shares in 47 countries, was flat. Losses in European equities offset modest gains in Asia overnight.
BONDS – The yield spread between Italian bonds and their German equivalents narrowed further on expectations Rome will reach a compromise with Brussels over its 2019 budget. French bonds were hit as “yellow vest” protests rumbled on in Paris over the weekend.
COMMODITIES – U.S. crude futures edged down 0.5 percent to $52.32 per barrel and Brent crude slipped 0.6 percent to $61.09, after both gained more than 2.5 percent on Thursday.
CURRENCIES – Safe-haven gold fell before the Fed meeting, with spot prices unchanged at $1,238.45 per ounce and U.S. gold futures up 0.06 percent at $1,242.1 per ounce.
ECONOMIC DATA – U.S. Empire State Manufacturing Index due at 8:30 ET.
COMMODITY FUTURES, OPTIONS, AND FOREX TRADING INVOLVES SUBSTANTIAL RISK AND IS NOT SUITABLE FOR ALL INVESTORS. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.