Fed Chair Kevin Warsh said he does not believe the Fed can do much about milk and beef prices.

Goldman Sachs launched a three-tranche euro-denominated bond offering on Wednesday, following its quarterly results and a $10bn U.S. bond sale yesterday. The bank is seeking at least €1.5bn (~$1.7bn). The deal comprises a floating-rate note and a shorter-term fixed-rate note, each with a first call after three years, and a longer-term fixed-rate note with a first call after seven years. People familiar with the matter gave initial price guidance: FRN at 3M Euribor +100–105bp; shorter fixed at mid-swap +90–95bp; longest fixed at mid-swap +125–130bp.

股市資金流向圖：今日滬深兩市主力資金淨流出497.94億元，佔比1.94%；大單資金淨流出125.78億元，佔比0.49%；小單資金淨流入404.75億元，佔比1.57%。