Powell 'Put' holds at 3968 on the S&P 500 futures, while the 'other' Central Banks begin to set their interest rates.

The Powell 'Put' holds at 3968.  As the Fed pauses rhetoric on  its 75 basis point rise in September, so other Central Banks can play catch me up, namely the European Central bank sitting on a  measly 0.50%.  While the worst inflationary/energy crisis the Euro Zone has faced in half a century begins to hit harder.

All eyes on Iran oil out put/Nuclear deal and their selling of drones to Russia.   

Hypocrisy cuts both ways and the market doesn't care.