Apple jumps. Will FOMC disappoint?

Today's slide deck: https://bit.ly/3aeJXu3    -  Today we discuss the significant comeback in US equities yesterday, led by a very strong Apple on its intent to ramp up production or next year.  Also, a look into gross margins and whether they can remain as elevated as they are today given the limitations of the physical world and potential for rising commodity prices. We also discuss silver, crude oil, USDJPY breakdown potential and whether tonight's FOMC meeting could disappoint expectations for more easing. Today with Peter Garnry on equities, Ole Hansen on commodities and John J. Hardy hosting and on FX.