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Daily Note 16/08/2024 – Market View: Day Ahead, Macro, Stocks, Debt Markets

16.08.2024



  • Macro: It was a strong session for equities yesterday with Europe, the S&P 500, and the Nasdaq all ending the day higher, after strong data out of the US helped alleviate investors’ concerns regarding a slowdown in the economy. From an economic point of view today, in the US housing starts are expected to decrease, whilst the University of Michigan is forecast to indicate that sentiment among consumers is improving.
  • Stock: We had earnings releases from Kingspan and Deere & CO
  • Debt: Bond yields moved higher yesterday as market’s reacted to strong economic data releases.