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Daily Note 10/01/2024 – Market View: Day Ahead, Macro, Stocks, Debt Markets

10.01.2024



  • Macro: Equity markets did not continue their encouraging start to the week yesterday, as the EuroStoxx600 and the S&P 500 both ended the day modestly in the red, as inflationary concerns and volatility in the bond market weighed on investor sentiment.
  • Stock: This morning, a peer of Cairn Homes (BUY TP €1.45), Glenveagh Properties issued a strong trading update ahead of its full year earnings on the 1st of March.
  • Debt: Core bond yields were mixed yesterday as investors awaited US inflation data on Thursday.