- Macro: Markets moved higher yesterday with the EuroStoxx600, the S&P500 and the Nasdaq each ending the day in the green. Later today, investor attention will be drawn to the US, with the FOMC’s interest rate decision at 6pm, when it is expected that the benchmark interest rate will be held steady at 5.5%.
- Stock: According to Bloomberg reporting earlier this week, Apple (HOLD, PT: $186) is in active negotiations with Alphabet (BUY, PT: $160) to license its Gemini artificial intelligence engine for powering new features in the upcoming iPhone software, iOS 18.
- Debt: Core bond yields moved lower yesterday in anticipation of any indication FED that may give on the future path of interest rates later today.
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