RBNZ Delays OCR Hike  | BHP - Buying the Dip Global markets were mixed overnight, as US markets (S&P 500 -1.1%) retraced as minutes from the last US Federal Reserve meeting re-ignited talks around the Fed reducing stimulus this year and tapering monetary policy early next year. The main takeaway in our view is that the Fed's goal on inflation was “close to being satisfied” with progress around job growth.  Most sectors were in the red, led by led by Energy and Healthcare, the former dragged down by a -2% slip in WTI crude oil after a surprised increased in US gasoline inventories. Consumer Discretionary was the only sector up, after a number of strong results from Lowe’s (+9.5%), TJ Maxx (+5.6%), and Target, which beat expectations but still slipped -2.8%. European (Stoxx 600 index up +0.1%) eked out a small gain as utilities and travel and leisure shares led the gains, offset by weakness from min...