Markets are cautious into the open, with headlines focused on Ebola’s arrival in New York. Weekend elections in Brazil and the results of the European bank stress test are important risks leading into next week’s Fed meeting, US and Canadian GDP and European inflation. Accordingly, today’s markets cautious, with equities pointing to a sodt open, the US 10‐year trading at 2.24% and the USD on weaker footing. There is limited data today with only the release of new home sales and no Fed speakers.
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