- Macro: Equity markets were weaker yesterday, with the Eurostoxx600, the S&P500 and the Nasdaq all moving lower, as markets were risk off before key inflation data out later today. Later today, in the US, we have MBA Mortgage Applications at 12:00, with Headline CPI at 13:30, expecting to increase slightly to 2.7% vs 2.6% prior.
- Stock: We have an update on Allianz’s 2024 Capital Markets Day which it held yesterday and launched its financial targets for FY27. (Comment attached)
- Debt: Core bond yields were little changed yesterday as we await US CPI data later today along with Central Bank meetings over the next week.