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US Futures Fall as Fed Meeting, Oil Surge Rattle Markets 
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The U.S. Treasuries remained mixed during late afternoon session Tuesday ahead of today’s October housing starts data, which should show a modest increase in October following a 5.3 percent m/m drop in September.
However, investors will keep a close eye on the country’s 10-year TIPS auction, scheduled to be held on November 21 by 18:00GMT ahead of Thanksgiving holidays for further direction in the debt market.
The yield on the benchmark 10-year Treasuries fell nearly 1-1/2 basis points to 3.046 percent, the super-long 30-year bond yields remained 1 basis point lower at 3.304 percent while the yield on the short-term 2-year remained nearly 1 basis point higher at 2.791 percent by 11:10GMT.
Single-family homes will probably remain at a low level, but the more volatile multi-family category might should improve from the low level in September. Nevertheless, the data will likely remain consistent with a housing sector that has lost a good deal of momentum, Daiwa Capital Markets reported.
Meanwhile, the S&P 500 Futures slipped 0.70 percent to 2,677.50 by 11:15GMT, while at 11:00GMT, the FxWirePro's Hourly Dollar Strength Index remained slightly bearish at -97.39 (a reading above +75 indicates a bullish trend, while that below -75 a bearish trend). For more details, visit http://www.fxwirepro.com/currencyindex
