• Macro: Equity markets continued the recent positive momentum yesterday, as the Eurostoxx600, the S&P500, and the Nasdaq each finished the day in the green, as commentary from members of both the Fed and ECB had a dovish tilt. In economic news later today, the main point of note will be the final reading University of Michigan Consumer Sentiment Survey.
• Stock: We note that the Irish Times reported this morning that Revolut confirmed plans to launch a direct-to-consumer mortgage offering in the Q4 of this year. (Comment attached)
• Debt: Core bond yields moved lower yesterday following dovish comments from central bank members

• Discretionary Investments: Plenty of market opportunities on offer for investors in the second half of the decade
• Focus Feature: Building and Preserving Intergenerational Wealth
• Analyst Conviction List: Ryanair & GSK
• Corporate Finance: Farra Marine: Driving Offshore Wing Growth
• Asset Management: The Latest on Our Funds
• Performance Data: The Most Recent Figures on Capital Protected Products

Opportunities this week:

• On Thursday after the bell, L’Oreal issued a very reassuring set of Q1 sales figures. Following this encouraging update, we reiterate our OVERWEIGHT rating with an unchanged price target of €415.
• Over the past few weeks, there have been a number of company specific and macroeconomic developments that, in our view, should be viewed in a positive light for Grafton Group. OVERWEIGHT PT: £12.05
• Last week GSK secured favourable recommendations from the US CDC's Advisory Committee on Immunisation Practices (ACIP) for two key vaccines. OVERWEIGHT PT: £20.10.