- Macro: It was a mixed session for equity markets yesterday as the EuroStoxx600 climbed higher, whilst the Nasdaq and S&P500 both ended the day marginally down, as investors reacted to the ECB’s first rate cut in five years as well as looked ahead to today’s key US nonfarm payrolls report. Later today, the main release of note comes from the US, where US Nonfarm payrolls (May) are due to be released at 13:30. This will tell us the change in the number of people employed in the US economy last month, excluding the farming industry. Closer to home, the Irish Unemployment rate for April is released at 11:00.
- Stock: We have issued a comment on LVMH’s succession plan and on the FTC announcement that it was opening an investigation into Microsoft’s ties with Open AI.
- Debt: Core bond yields moved marginally higher on the back of Hawkish commentary out of the ECB.
Overview
Committed to you, your financial future, and your journey there
Overview
Investment Solutions
Pension Solutions
SDIO
Application Forms – Intermediaries
Creating impact for your clients, their financial goals, and their future
Overview
Focused on your organisation, funding its growth, and unlocking its full potential
Debt Capital Markets
Probate Services
Dedicated to institutional wealth, stakeholder value, and a sustainable future
Overview
Investment Services
Stewardship
Supportive of you, your custodial vision, and your philanthropic goals
X