Classical Wednesday

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On the economic calendar:-
07:00 MBA Purchase Applications
10:30 EIA Petroleum Status Report
14:00 FOMC Meeting Announcement (Consensus 0 - 0.25% v Prior 0 - 0.25%)
          FOMC Forecasts
14:30 FOMC Chairman's Press Conference
POMO:-
10:15 - 11:00 Outright Treasury Coupon Purchases up to $1.25 billion

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