Overnight news

Good morning

- Dollar higher, US yields higher, stocks lower after Fed meeting

- Dot plot showed two possible 254bps rate rises in 2023

- Powell did mention the need to begin talking about tapering

- Powell adds that inflation could be more persistent than first thought

- UK chancellor Sunak says UK inflation different to US

- Comments come after UK inflation numbers surprised to the upside yesterday

- Biden, Putin meeting could lead to some improvement in relations

- Biden warns Putin that opponent Navalny should not die in jail

- Aussie employment numbers far better than expectations overnight

- Unemployment rate now around pre-Covid levels

- Nikkei down 0.93% to 29,018

- Shanghai Comp up 0.18% to 3,524

- USDCNY fixes 6.4298 from 6.4078

- 08.30 SNB rate announcement

- 09.00 Norges Bank rate announcement

- 10.00 EU CPI

- 13.30 US initial jobless claims, philly fed survey

- 13.30 ECBs Lane speaks

- 00.30 Japan CPI

- 04.00 BoJ rate announcement

- 07.00 BoJ press conference

- 07.00 UK retail sales