- Macro: Equities were mixed yesterday with the Eurostoxx600 down slightly, whilst the S&P 500 and the Nasdaq were both in the green, with US markets continuing to trend higher with the S&P500 reaching a new record high. From an economic perspective later today, we have Durable Goods Orders, 3Q GDP, and Initial Jobless Claims at 13:30, with Pending Home Sales at 15:00. From central bank speakers, we have Lane from the ECB today.
- Stock: Yesterday we met with the CFO of FBD. We came away reassured that the business continues to operate in a stable environment and maintain our price target at €16 and Buy recommendation. (Comment attached)
- Debt: Core bond yields were relatively unchanged yesterday in a day of light economic news
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