Aussie rises, Fed holds, Aramco lists, Britain votes

The Fed has announced no moves on rates in the US, with no expectations for cuts in 2020. Phil Dobbie asks Rodrigo Catril for the take-outs from the FOMC statement. The next central bank is the ECB tonight, but the decision is expected to be the same. The Brits go to the polls today, with Sterling holding up even though an MRP poll raised the prospect of a hung parliament and all the ongoing Brexit uncertainty that entails. Uncertainty remains over trade talks – could the hope of pushing back the tariff increase scheduled for this weekend be off the table? And the Aussie flying high today, even though the mood in the US seems more risk off than risk on. Plus, the biggest ever share listing. Another busy edition of The Morning Call.

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