- Macro: It was a positive day in the markets with the S&P 500 and the Nasdaq finishing the day up. Whilst in Europe the Stoxx 600 broad index closed higher, as the market rebounded from “oversold” territory and the VIX volatility index fell 28% after it spiked over the last week. From an economic perspective today, we will get the US MBA Mortgage Applications at 12.00 and Consumer Credit at 20:00. The Fed’s Collins will speak from Rhode Island.
- Stock: We had earnings release from Caterpillar alongside an acquisition from Greencoat Renewables.
- Debt: Core Bond yields rose yesterday for the first time this week as risk-off sentiment eases.
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