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Daily Note 29/05/2025 – Market View: Day Ahead, Macro, Stocks, Debt Markets

29.05.2025



  • Macro: US markets were lower yesterday with the S&P 500 and the Nasdaq down 0.56% and 0.51% respectively. Europe also ended lower with the Stoxx 600 broad index falling 0.61%. Later today, in the US, we get 1Q GDP, Core PCE, Initial Jobless Claims, and Pending Home sales. The Fed’s Barkin, Goolsbee, Kugler and Daly are all speaking today. The BoE’s Bailey will also be speaking this evening.
  • Stock: We have updates on GSK and LVMH. (Comment attached)
  • Debt: Core bond yields moved slightly higher in the US yesterday driven by the risk-on environment following the positive Nvidia results and tariff news.