- It was a mixed session in markets yesterday with Europe finishing the day marginally in the red, whilst the S&P500 climbed to a 23-month high partly buoyed by comments from US Treasury Secretary Janet Yellen who opined that the ‘last mile’ of returning inflation to target shouldn’t be especially difficult.
- Kerry has announced that it has entered into an agreement to acquire part of the global lactase business owned by Chr. Hansen and Novozymes.
- US treasury prices rose modestly and yields fell as investors positioned ahead of the FOMC rate decision tonight.
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