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In International S&P500 is trading at 2463, recently the Index made a low of 2430. German Index Dax yesterday closed at 12212, recently the Index made a low of 11926. MSCI emerging market Index is trading at 1066 recently the Index made a low of 1045.

The Federal Reserve remains on track to unwind its $4.5 trillion balance sheet at an "upcoming" meeting, according to the minutes of the central bank's July monetary policy decision. Policy makers also expect to raise their benchmark lending rate by a quarter percentage point one more time this year despite ongoing concerns about stubbornly tame inflation.

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