Daily Note 11/01/2024 – Market View: Day Ahead, Macro, Stocks, Debt Markets

11.01.2024

  • Macro: It was a mixed session for equities yesterday, European stock markets closed down, whilst both the S&P 500 and the Nasdaq ended the day in the green, as investors positioned ahead of this afternoons inflation print.
  • Stock: This morning, Grafton issued a solid 12-month trading update in which it noted that revenue is expected to have grown by a modest 1% in FY23, which is largely in line with market expectations. (Comment Attached)
  • Debt: Core bond yields moved higher yesterday ahead of today’s CPI release.