Just over half an hour into trading and the S&P is up a tad at 1985 and the Dow is virtually flat at 17029. The Nasdaq is also not going anywhere fast up 2 at 4521.

As usual we’re doing a bit of water treading with the upcoming FOMC meeting.

US 10’s currently get you 2.58%, just off the day’s highs.

Not a lot going on in currency land right now.

USD/JPY has taken on a small bid to 107.20 while the pound holding bove 1.6200 has helped GBP/JPY stroll towards the overnight highs. It’s finding resistance against the overnight support level at 173.80.