Markets are looking to re-establish their recovery trends this morning after something of a bull failure came late in yesterday’s session. The threat of a risk reversal has appeared after Wall Street failed in a breakout to multi-week highs. However, as the FOMC meeting looms today there has been a decent early reaction across risk assets. With Treasury yields holding ground, we see US futures ticking higher again, whilst the dollar has slipped lower once more (after paring losses yesterday). There is nothing decisive about the early moves though, with the Fed decision due later. The Federal Reserve embarked upon ... (full story)