Brazilian police said there are no official records showing that a son of former president Bolsonaro departed the country.

At the open, China's major futures contracts were mixed with more gains than losses. Fuel oil and asphalt rose over 3%; propylene, short fiber, plastics monthly average, PET bottle flake and other plastics gained more than 2%; low-sulfur fuel oil (LU) was up nearly 2%. On the downside, lithium carbonate fell over 4%; caustic soda dropped more than 2%; Shanghai silver and live hog futures slipped about 2%; No.20 rubber, rubber, soda ash and Shanghai lead fell over 1%; Shanghai aluminum eased nearly 1%.

Markets largely expect the Fed to hold rates today. BMO analysts say policymakers are likely to signal a "hawkish pause" and that multiple officials could cast dissenting votes. They flagged Hamak, Logan and Kashkari—who opposed pausing in July—as names to watch. Markets will focus on Fed Chair KEVIN WARSH’s FOMC press-conference remarks for guidance on policymakers’ outlook for the economy and interest rates for the remainder of 2026.