- Macro: US markets rose yesterday with the S&P 500 and Nasdaq up 0.38% and 0.87% respectively. Europe ended higher with the Stoxx 600 broad index rising 1.07%. Later this morning, in Europe, we get the Ireland Unemployment rate, while in the US, we get MBA Mortgage Applications, ADP Employment change, Factory Orders, and Durable Goods Orders. From Central Banks, Schnabel, Holzmann and Lane from the ECB, while Kugler from the Fed will be speaking.
- Stock: We have updates on Ryanair, Grafton Group, and L’Oreal. (Comment attached)
- Debt: Core bond yields moved lower yesterday as markets await Trump’s tariffs which would be negative for growth.
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