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Morning Call Express: A Breather

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Scott Redler, Chief Strategic Officer of T3 Live hosts the Morning Call Express for Wednesday, July 13, 2016. This morning we see mixed markets around the World. Market participants have one eye on the Federal Reserve Beige Book, due after the European session closes, as well as tomorrow's BOE meeting, with reports it may launch corporate bond buying program in a bid to cushion the impact of Brexit. UK PM Chancellor will resign later today and be succeeded by Theresa May, the incoming PM expected to announce a Cabinet reshuffle on Wednesday. SPX futures are up 1-2 handles after a monster 5 day moving into all time highs.