Daily Note 24/01/2024 – Market View: Day Ahead, Macro, Stocks, Debt Markets

24.01.2024

  • Macro: It was another mixed session for markets yesterday with European equities trending lower, whilst in the US, the Nasdaq and the S&P 500 both ended the day in the green, propelled higher by a rally in technology-focused names and optimism on corporate profits.
  • Stock: This morning ASML released a strong set of FY23 results which came in ahead of consensus expectations, and management’s guidance, driven by a considerable outperformance in Q4. (Comment Attached)
  • Debt: Core bond yields moved higher yesterday following a supply-driven selloff in Europe.