- Macro: Markets trended higher yesterday with Europe, the S&P 500 and the Nasdaq all climbing following the release of broadly supportive economic data. From an economic perspective, inflation data from the UK came in better than expected for July, however, the core read still remains flat YoY. Eurozone Industrial Production is released at 10.00 and is expected to contract in July despite recent strength from German data. Across the Atlantic at 13.30, inflation data will be closely watched with core CPI expected to decline modestly on a YoY basis for the month of July.
- Stock: We had earnings releases from Flutter, Aviva and Glanbia. We also met with senior management from FBD.
- Debt: Bond yields moved lower yesterday on weaker than expected US PPI data.
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