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The odds of a Fed rate hike on Wednesday have doubled in one week.
Futures traders are now pricing a 36% chance the Fed raises rates at tomorrow's meeting, up from 16% a week ago.
Citadel Securities warned in June that rate hikes could come as early as September, markets are now asking whether it happens sooner.
Rates have been held at 3.50% to 3.75% for five straight meetings.
Something is preparing.
#OilDropsAbout6%