Daily Snapshot

Daily Snapshot – 14 May 2024

Slightly hurts me to say that the only real buzz around these markets right now seems to be about Meme stocks that are seemingly doubling on a daily basis. I think that shows just how little interest there is right now in the bigger themes as we await important data tomorrow yet are very close to the recent highs. The Stoxx 600 closed the day up small but relatively flat once again and minus some funnies around the PPI traded once again within a tight range which has been 40bps now on the week…

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