- A rather subdued day for risk assets yesterday with the UK and Europe recording marginal gains while US markets finished marginally in the red.
- We are publishing a post-results update note on automaker Volkswagen this morning. Our revised price target for the VW Preference shares is €180, which offers almost 50% upside from current levels and the stock remains on our Analyst Conviction List.
- Core bond yields continued to move higher yesterday.
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