U.S. stock futures are higher. Stocks are moving higher in the premarket as investors brace for the FOMC Committee Meeting which begins today. The Fed will announce their decision on rates tomorrow. Markets are anticipating a 25 basis point rate hike, while some have pointed to the possibility that the Fed will decide to keep rates unchanged given recent pressure from developments in the banking sector. Yields are rebounding. Asian markets closed mostly to the upside and European markets are moving broadly higher. Crude prices are bouncing, gold is declining and the Dollar is slightly weaker.
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