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Morning Brief

Opening calls are indicating a higher open in Europe.

European equity futures and Asian stocks rose, while the dollar advanced after the Federal Reserve bolstered confidence in the U.S. financial system and raised its economic assessment.

U.S. stocks rallied late Tuesday to close sharply higher on news that most of the nation’s largest banks have passed the government’s latest test of their financial health.

Events Today

Italy is the only euro zone country tendering bonds Wednesday, with between 5 and 6.5 billion euros in three-year bonds being auctioned at 10:00 a.m. GMT.