Daily Note 21/03/2024 – Market View: Day Ahead, Macro, Stocks, Debt Markets


  • Macro: It was a mostly positive session for markets yesterday as although European equities fell modestly, in the US, the S&P 500 and the Nasdaq both finished in the day in the green, with investors reacting to commentary from the various central banks. From an economic standpoint today, following UK inflation data which came in lower than expected yesterday, the Bank of England is expected to hold the benchmark rate steady at 5.25%.
  • Stock: Yesterday morning Datalex issued a trading update for year ended 31 December 2023. (Comment Attached)
  • Debt: Core bond yields moved lower yesterday with traders encouraged by the Fed’s messaging on the future path of interest rates.