- Macro: Ahead of today’s Fed decision, US Markets fell yesterday with the S&P down -1.07% and the Nasdaq -1.71%. Europe however performed positively as the Stoxx Europe 600 broad index rose 61bps. Later today in Europe we get Irish Property Prices for Jan, and in the US MBA Mortgage approvals, followed by the FOMC’s rate decision at 6pm, when no change from the 4.25%~4.5% range is expected. ECB central bankers speaking today include Centeno, Guindos, Villeroy, and Elderson.
- Stock: We have an update on a meeting held in our offices yesterday with the head of investor relations at Kerry Group. (Comment attached)
- Debt: Core bond yields were little changed in the US yesterday ahead of the FOMC’s rate decision later today