- Macro: It was a quiet session for equities yesterday as US indices were closed for Martin Luther King Day whilst European equity markets closed modestly in the red, as investors digested more hawkish ECB commentary.
- Stock: This morning, Cairn Homes released a strong 12-month trading update for FY23. (Comment Attached)
- Debt: Treasury yields moved higher yesterday as ECB commentary raised concerns over the timing and magnitude of rate cuts in 2024.
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