German Dax unchanged. France's Cac unchanged. UK FTSE down -0.11%

The European major stock indices are ending the session mixed.

  • German Dax is ending unchanged
  • France's Cac is ending unchanged
  • UK FTSE is ending down -0.11%
  • Spain's Ibex is ending down -0.94%
  • Italy's FTSE MIB is down -0.31%
  • Portugal PSI20 is donw -0.16%

In the 10 year debt market in Europe:

  • Germany 0.438%, down -1.4 bp
  • France 0.723%, unchanged
  • UK 1.342%, up 1.3 bp
  • Spain 1.577%, up 2.2 bp
  • Italy 2.069%, up 2 bp
  • Portugal 2.386%, down -3.6 bp
  • Greece 5.569%, up 3.8 bp

At midday, the NZD remains the strongest currency, while the USD is the weakest (see earlier post for comparisons).

In other markets:

  • Spot gold is up $0.64 or 0.05% to $1311.74
  • WTI Crude oil is up $0.93 despite a greater than expected rise in inventories (4591K vs 3900K estimate)
  • US rates are down less than 1 bp across the curve. 2 year is down -0.8 bp. 5 year is down -0.6 bp. 10 year is down -0.5 bp and 30 year is down -0.3 bp
  • US stocks are mixed with Apple under pressure on so-so reviews of the Apple Watch (down -2.37% or -$3.76 to $154.97). S&P is unchanged. Nasdaq is down -0.30%. Dow is up 0.07%

The FOMC decision is ahead at 2 PM ET/1800 GMT.