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Daily Note 02/02/2024 – Market View: Day Ahead, Macro, Stocks, Debt Markets

02.02.2024



  • Macro: Markets were mixed yesterday, as European equities ended the day in the red, whilst US indices climbed higher, driven by better-than-expected earnings and macro data.
  • Stock: Last night after the bell, Amazon issued its FY23 earnings which came in comfortably ahead of consensus expectations driven by effective delivery on the company’s relentless cost-cutting programme during the year. (Comment Attached)
  • Debt: Treasury yields moved lower yesterday on the back of continued concerns regarding the stability of the banking sector.