- Macro: Markets trended lower yesterday, as both European and US indices ended the day in the red, driven by the combination of slightly disappointing earnings and hawkish central bank commentary.
- Stock: This morning, before the market opened, Shell issued its FY23 earnings which beat expectations at both the earnings and revenue lines. (Comment Attached)
- Debt: Bond yields moved sharply lower yesterday after some uncertainty in the banking sector led to increased bets on rate cuts.
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