- Macro: It was a mixed session for equity markets yesterday as the EuroStoxx600 fell, following recent political uncertainty in the bloc, whilst in the US, the Nasdaq and S&P500 both made gains, as traders positioned ahead of the FED’s dot plot and the May CPI release out later today.
- Later today, as mentioned, we have US CPI which is expected to have remained flat YoY. Then this evening at 19:00, we will get the FEDs interest rate decision where they are expected to leave rates on hold until later this year.
- Stock: Japan have enacted a new law today to promote competition in smartphone app stores in the hopes of constraining the market power of the major platforms (Apple & Google)
- Debt: Core bond yields moved lower yesterday following a well received US 10-year bond auction.
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