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Daily Note 20/11/2024 – Market View: Day Ahead, Macro, Stocks, Debt Markets

20.11.2024



  • Macro: Equities were mixed yesterday with the Eurostoxx600 down slightly, whilst the S&P 500 and the Nasdaq were both in the green, as markets whipped around following Ukraine’s strike with US-made missiles into Russia. In the US later today, we have MBA Mortgage Applications at 12:00, whilst Ireland Property Prices for September are out at 11:00. From central bank speakers, we have Cook, Bowman, and Collins from the Fed, and Guindos, Stournaras, and Makhlouf from the ECB.
  • Stock: We have updates on Microsoft’s annual Ignite event that took place yesterday which included 80 new product/feature launches along with Greencoat Renewables’ announcement of the sale of its Kokkeneva Wind farm. (Comment attached)
  • Debt: Core bond yields moved modestly lower yesterday.