Daily updates
Daily market audio · Wednesday 28 October 2026
Transcript
High impact events for today: the Federal Reserve rate decision this afternoon, and Microsoft's quarterly results after the market closes. Later this week, Thursday before market brings the first estimate of American third-quarter economic growth, together with the personal income and spending report, which includes the PCE inflation reading. Friday brings the Bank of Japan's policy decision.
Yesterday, American stocks closed higher, led by the Nasdaq. Visa reported higher revenue and earnings and raised its dividend. And New Zealand's central bank held its rate, though the vote was split, with some members wanting a rise.
Now, sentiment on X, from yesterday's evening read, which covers just a couple of hours of posts. Compared with Tuesday's brief, the overall mood has turned slightly bullish, up from flat. American stocks moved from slightly bullish to very bullish. Gold is very bullish too.
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