- Macro: It was a weak session for equites yesterday as the EuroStoxx600 fell, whilst in the US the two major indices, the S&P500 and the Nasdaq, both finished the day down.
- Later today, EU Unemployment Rate (Apr) is expected to remain flat at 6.5%, US Initial Jobless claims expected to increase slightly to 217k from 215k prior and US GDP (Q1) expected to decrease to 1.3% from 1.6% in prior Q.
- Stock: Scottish Mortgage Trust (SMT) last week announced a solid set of results for the year to 31 March 2024.
- Debt: Core bond yields moved higher again on the back of a weaker US bond auction.
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