- Macro: It was a strong session for equity markets yesterday, as the Eurostoxx600 was up 0.91%, while the S&P500 and Nasdaq were up 1.12% and 1.46% respectively. From an economic standpoint today, we have Ireland Q4 GDP at 11:00, with the ECB expected to cut interest rates by a quarter point at 13:15. In the US, we get the Trade Balance, Initial Jobless claims, and Wholesale inventories. From Central Banks, we have Lagarde from the ECB, Bailey, Pill, Greene and Taylor from the BOE and Harker and Waller from the Fed.
- Stock: We have updates on FY24 results from Greencoat Renewables, Grafton Group, and Dalata along with our recent meeting with IRES REIT’s senior management. (Comment attached)
- Debt: Core bond yields moved significantly higher in Europe yesterday following Germany’s announcement of its planned increase in defence expenditure