Daily Note 18/01/2024 – Market View: Day Ahead, Macro, Stocks, Debt Markets

18.01.2024

  • Macro: It was another weak session for equity markets yesterday, with European and US indices all ending the day in the red, as central bank commentary in Davos continued to raise concerns over the timing of rate cuts in 2024.
  • Stock: This morning, Flutter issued strong Q4 sales figures, which illustrated the company’s impressive topline growth. (Comment Attached)
  • Debt: Core bond yields moved higher again yesterday, as concerns continued to mount for the market’s optimistic expectations on the timing and magnitude of interest rate cuts in 2024.