Daily Note 15/02/2024 – Market View: Day Ahead, Macro, Stocks, Debt Markets


  • Macro: It was a solid session for markets yesterday with European equities rising slightly, whilst in the US, the S&P 500 and the Nasdaq moved higher, as robust earnings particularly in the technology space helped overcome concerns in relation to persistent inflation.
  • Stock: This morning Kerry Group issued its preliminary earnings for FY23, in which revenue missed consensus expectations by 2%, whilst the group’s EPS was in line with forecasts. (Comment attached)
  • Debt: Most core bond yields moved slightly lower yesterday as investors digested the CPI data earlier this week.