- Macro: It was a mixed session for equities yesterday with Europe down, whilst the S&P 500 and the Nasdaq both ended the day up, after unemployment data out of the US helped alleviate investors’ concerns regarding a slowdown in the economy. From an economic perspective today, in Europe, German CPI for July came in flat on the June reading. There is little news to note out of the United States.
- Stock: We had earnings release from FBD and Ryanair announced a follow on 800m share buyback. We also met with the investment team from JPMorgan Emerging Market Trust.
- Debt: Core Bond yields were moderately higher on a day of light economic data.
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