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Overview: The Brexit drama continues to command attention. A vote on leaving without an agreement will be held today, and if that fails, there will be a vote tomorrow on an extension. Meanwhile, the first increase in headline US CPI in four months failed to impress, as the year-over-year pace fell to 18-month lows. Today's import prices are part of the inflation picture, especially the non-oil component, which may give insight into consumer goods inflation.
Equity markets are giving back some of yesterday's gains. Recall, several Asian equity markets gapped higher on Tuesday. The Shanghai