- Macro: Equities were weak again yesterday, as the S&P500 (-76bps), the Nasdaq (-18bps) and the Eurostoxx600 (-170bps) each moved lower with escalating trade wars with the US continuing to dampen investor risk appetite. In economic news today, the Bank of Canada is expected to cut rates by 25bps. Out of the US, we will have MBA mortgage applications, February CPI data, and the Federal Budget balance. In Europe, the ECB will publish its wage tracker, whilst Lagarde and seven others are also set to speak
- Stock: We have an update on our recent meeting with the management of Greencoat Renewables. (Comment attached)
- Debt: Core bond yields moved higher in the US yesterday ahead of today’s CPI release
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