A land deal in Japan appears to be threatening PM Shinzo Abe’s leadership and a good chance for a Fed rate hike this week have the stock markets in a bearish mood overnight. It’s a Fed week and new Fed Chair Powell’s first rate hike decision will be released on Wednesday. Facebook is down over 3.5% pre-market as US lawmakers begin attacking social media companies for what they are calling “data breaches” of private data. FB claims the claims are completely false. FB users voluntarily provided their information through an app they specifically downloaded for that purpose. The data is tied to Trump’s 2016 election campaign. Nothing of note on the US economic calendar. Extra attention may be given to Atlanta Fed President Bostic’s 9:40am EST talk at a Miami conference for any insight into Wednesday’s rate decision. Volatility continues to contract, however expect it to pick back up if the bears start taking control. No Size bias as overnight trading was mixed, although on last check, Size bias is starting to lean bearish.