Daily Snapshot

Daily Snapshot – 20 January 2025

“Just popping outside to warm-up” was heard at the desk this morning and did make me laugh given that the external temperature read +3°C at the time but it turned out that an AC malfunction to start the week was actually a bit of a blessing in disguise as a cooler office was needed to keep us awake throughout today’s session which was a bit of a snoozefest given that US bond and equity markets were shut for MLK day alongside the majority of investors waiting for Trump to be sworn-in as US presi…

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