Exxon is trading sharply higher today, rising nearly 4% after the opening bell as investors reacted to a stronger long-term outlook from the company.

The market is pricing in an 87% probability that the Fed will cut interest rates by 25 basis points on Wednesday.

Palladium appears poised for a major new upleg after a healthy consolidation, with charts confirming a broad metals breakout as falling rates and a weaker dollar fuel a renewed bull market.