- Macro: Markets were weaker yesterday with European equities down -18bps, whilst in the US the S&P 500 fell by -29bps and the Nasdaq by -30bps. The key focus in the day ahead will be on the US University of Michigan Consumer Sentiment data at 2pm.
- Stock: We met with the management of Grafton Group (comments on page 2)
- Debt: Core bond yields moved higher again yesterday following data which showed a moderately firm economic picture.
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