- Macro: It was a solid session for markets yesterday with European equities rising slightly, whilst in the US, the S&P 500 and the Nasdaq moved higher, as robust earnings particularly in the technology space helped overcome concerns in relation to persistent inflation.
- Stock: This morning Kerry Group issued its preliminary earnings for FY23, in which revenue missed consensus expectations by 2%, whilst the group’s EPS was in line with forecasts. (Comment attached)
- Debt: Most core bond yields moved slightly lower yesterday as investors digested the CPI data earlier this week.
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