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

from 2021-03-17T05:38:58

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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. 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...


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