Fastenal (NASDAQ: FAST ) is expected to report fourth quarter EPS of $0.37 s. $0.40 a year ago. Later today, the minutes of the latest FOMC meeting will be released and markets will be focused on any language related to an exit policy of the Fed. Reserve Bank of Australia board member Kent spoke overnight saying that cooling inflation data opens the door to more easing while Treasury Secretary Swan said that the Australian dollar remains strongly overvalued.