- Macro: Equities started the week off lower yesterday, as the EuroStoxx600, S&P500 and the Nasdaq all finished in the red, with markets risk off ahead of the US presidential election. In economic data later today, we have UK Services PMI at 09:30, expected to remain unchanged from the prior read at 51.8 and in the US, we have Trade Balance figures out at 13:30, forecast to widen further, and ISM Services at 15:00, which is expected to decline.
- Stock: We have trading updates for AIB and Kingspan along with insights into a meeting held with members of Ryanair’s senior management in our offices yesterday. (Comment attached)
- Debt: Bond yields in the US fell yesterday as investors unwind some of their ‘Trump Trades’ in anticipation of a closer than expected election.
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