A red St Patrick's day on the local market as risk-off sentiment took hold ahead of tomorrow morning's FOMC meeting... episode artwork

EPISODE · Mar 17, 2021 · 9 MIN

A red St Patrick's day on the local market as risk-off sentiment took hold ahead of tomorrow morning's FOMC meeting...

from The COB from ausbiz

A red St Patrick's day on the local market as risk-off sentiment took hold ahead of tomorrow morning's FOMC meeting. Never mind expectations that it'll be more of the same from the Fed which will be working to keep a lid on bond yields. The CXA 200 index closed down 0.63%. Consumer discretionary, tech and utilities were the gainers while materials and energy led the losers. Out of session futures are signaling another soft US session tonight ahead of the Fed meeting...Our top three VODs are:Nuix, FOMC, Dexus; what you need to know on marketsOrd Minnett picks out three of its favouritesThree recovery plays to buy with a cross-Tasman flavour Hosted on Acast. See acast.com/privacy for more information.

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A red St Patrick's day on the local market as risk-off sentiment took hold ahead of tomorrow morning's FOMC meeting...

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