- Macro: Equity markets had a generally positive day yesterday with the S&P500 +0.27% and the Nasdaq +0.09%, as markets prepared for quarterly results season, and despite on-going tariff threats from President Trump. Europe rose +0.54%. Economic releases later this morning and today include final June French CPI (+0.8% est.), Irish New Vehicle Sales, and the US Federal Budget Balance for June (-$33.5bn est.). From the central bankers, today we have Panetta, Vujcic and Cipollone from the ECB.
- Stock: We have an update on Flutter. (see page 2)
- Debt: US Treasuries edged slightly higher on the day as President Trump ratcheted up tariff tensions yet again. European yields were mixed on the day with little economic data released.
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