Investors will also be hoping for a more dovish Fed to seal the deal today
S&P 500 and Dow futures are both up by 0.3% currently and tech-heavy Nasdaq futures are up by 0.7% as Apple earnings yesterday were more positive and the company communicated a more solid forecast as well.
That is feeding to the gains seen in futures trading today and should extend to the cash equity market open later today.
The bigger event on the agenda in the session ahead though will be the FOMC meeting and investors will be hoping that the Fed focuses more on weaker inflation to help equities continue their recent momentum higher.
So far, risk sentiment hasn't been much of a major influence on currencies and with Treasury yields flat across the curve, it doesn't look like it will affect yen pairs all too much before the Fed decision and Powell's presser.
