Investors await the FOMC decision

Equity markets fell yesterday but there was positive news later on when Alphabet, Microsoft and Texas Instruments all reported double-digit quarterly revenue growth for the second quarter. Australia’s Q2 CPI was lower than expected and this resulted in investors abandoning their bets for a 75 bps hike by the Reserve Bank of Australia next week. Dario Messi, Fixed Income Research, also shares his latest thoughts on the FOMC meeting and the fixed income space. 00:18 Introduction by Lucija Caculovic (Investment Writing) 00:39 Markets wrap by Helen Freer (Investment Writing) 04:19 Fixed income update by Dario Messi (Fixed Income Research) 08:05 Closing remarks by Lucija Caculovic (Investment Writing)