United States: This weeks market highlight is going to be the FOMC meeting on Wednesday, U.S. Fed policymakers are
widely expected to start moving interest rates higher with the first small rate hike seen this week, traders should
understand that this would be the first rate hike since the the middle of 2006. The expected rate increase is for 25 bps,
this would push the Feds's target range to 0.25% to 0.50%. It should also be noted that the markets have been pricing in
an expected rate increase for a few weeks already, so traders should expect the short term market reaction to create
choppy trading conditions in the wake of this Wednesdays FOMC Statement and release of the U.S. Federal Funds Rate.