- Macro: US markets were weaker yesterday with the S&P500 down modestly. Europe was also down slightly with the Stoxx 600 broad index ending in the red. Later today, we have French February Business and Manufacturing confidence indices, after this we get Manufacturing, Services and Composite PMI data for France, Germany, UK and the Eurozone, when small improvements are expected. Then later from the US we get PMI data, expected to improve slightly, followed by the finalised U. of Michigan sentiment index and existing home sales. The only central banker speaking is Lane from the ECB.
- Stock: We have an update on Kingspan’s FY24 earnings release. (Comment attached)
- Debt: Core bond yields were little changed yesterday as we await PMI releases later today.
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