Overnight

Central bank worries continue to frustrate investors as Asian shares traded mixed for another session with the Nikkei 225 was down 0.4%, the Hang Seng up 0.55%, the Topix off 0.27% the Kospi closed for a holiday and the Shanghai and Shenzhen both down slightly, 0.41%, and 0.24%.

The punch bowl that been holding up these markets might then off be the table, but not before the U.S. election is final as Fed Governor Lael Brainard, the former Under Secretary of the Treasury for International affairs in the Obama administration and appointed to the Fed by Obama, just gave markets a boost with her dove speech. Some are suggesting she is vying for a position, Secretary of the Treasury, in the Clinton administration. A per-election market crash might send Hillary packing for another location than the White House. Anyone who believes central bankers are apolitical or don't let their politics impact their decisions probably has some mood-changing mushrooms stashed around their house.

Meanwhile, the risks for an interest rate hike in September just fell to the 15% level, but jumped to nearly 57% for one in December. Bonds yield also reflected that uncertainty as 10-year U.S. Treasury note was at 1.7410 percent, compared with levels near 1.540 percent late last week. The 10-year German Bund yield was at 0.0730 percent, rising from last week's levels near negative 0.14 percent. Part of the fear is the two biggest NIRP players, the ECB and the BOJ, are moving toward less reckless policies to stimulate their economies. Warnings about removing the beloved punch bowl hardly go down easily. It's a party characteristic in the same category as "Last call!"

Crude oil in the U.S. traded slightly higher overnight, up 0.42%,  at $45.09 after a down day Tuesday. the U.S. dollar index was at 95.636 early against it benchmark of currencies and the yen hit 103.03 against the dollar,down slightly form the prior day. Gold traded at $1321.90.