- Risk assets came under pressure yesterday with US and UK indices finishing in the red while Europe was unchanged.
- Microsoft issued stronger than expected Q323 numbers boosted by better-than-expected cloud sales growth with the company reporting a 10% increase in adj. EPS to $2.45, 10% ahead of the $2.24 forecast. (Comment attached)
- Core bond yields moved sharply lower yesterday in a risk off trading session.
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