- Macro: Equities had a risk-on session yesterday, as the Eurostoxx600, the S&P500, and the Nasdaq, each moved higher by over 1%. In economic news today, Eurozone GDP data is expected to show the bloc grew by 0.9% YoY in Q4 but remained flat in Q3. In Ireland, there is New Vehicle License data for January. Out of the US, we have January Retail Sales and Industrial Production data. From central bankers, the Fed’s Logan will speak this evening.
- Stock: Following Deere’s release of a very weak set of Q1’25 numbers yesterday we will be dropping coverage of the stock. (Comment attached)
- Debt: Core Bond yields moved lower in the US yesterday with reciprocal tariffs being pushed 6 weeks down the line, along with some favourable inflation data.