Daily Note 04/08/2023 – Market View: Day Ahead, Macro, Stocks, Debt Markets
- Another risk off day for equities in European and American markets yesterday although less marked than the previous day.
- Amazon issued stronger than expected Q223 numbers last night, which showed underlying strength across each business segment. (Comment Attached)
- With the enlarged US Treasuries auction coming up and markets watching Bank of Japan actions, core bonds continued to sell off yesterday, US long-term yields hitting their highest since last November.