Daily Note 27/09/2024 – Market View: Day Ahead, Macro, Stocks, Debt Markets

27.09.2024



  • Macro: It was a positive session for equity markets yesterday as the Eurostoxx600, the S&P500 and Nasdaq each moved higher, with investors buoyed by additional stimulus measures coming out of China and some encouraging economic data out of the US. The main focus from an economic standpoint in the day ahead will be the Fed’s preferred inflation gauge core PCE, which is expected to accelerate modestly to 2.7% YoY due to unfavourable base effects whilst investors will also likely get evidence of a moderation in personal spending as consumers become more selective in their purchasing decisions.
  • Stock: We have updates on Datalex and Roche.
  • Debt: Core bond yields were little changed yesterday ahead of the key inflation print in the US today.