Be Fraud Aware: By staying vigilant, you can help yourself from being the victim of fraud.
  • Macro: US markets were positive yesterday with the S&P 500, the Nasdaq, and the Stoxx 600 broad index all in the green. Later today, the Fed’s FOMC will announce its latest rate decision at 19.00, the market is not pricing in any change in rate. June is when the next rate cut is expected. Other economic news today includes US MBA Mortgage Applications (Jan 24th) and Wholesale Inventories (est. 0.2% MoM). The ECB council will announce its rate decision at 13.15 on Thursday, when a 25bps cut is expected.
  • Stock: We have updates on Visa and PayPal, along with LVMH’s earnings for FY24. (Comment attached)
  • Debt: Core Bond yields were flat in the US yesterday ahead of the FOMC rate decision later today.