26 November 2021 - Hawkish Fed Minutes | Fisher and Paykel Result Global markets were quiet overnight as US markets were closed for Thanksgiving holiday. Minutes from the latest US Federal Reserve meeting indicated a more hawkish tone stating Fed members “would not hesitate” to raise interest rates “sooner than participants currently anticipated” in response to inflation. European Markets (Stoxx 600 index +0.4%) closed higher despite covid headwinds dragging travel and leisure stocks lower, thanks to gains solid gains for technology sector.   Asian markets were mixed after digesting the Fed’s recent minutes. South Korea’s Kospi slid -0.5% after the Bank of Korea raised interest rates and upgraded its 2022 inflation forecast, while China’s Shanghai Composite shed -0.2% and Hong Kong’s Hang Seng gained +0.2%.   Fisher & Paykel Healthcare (FPH:NZX / FPH:ASX)...