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Each day we produce a market commentary outlining critical economic and company developments. We leverage off our global network of analysts and investment professionals to provide clients with critical insights from our local teams first thing in the morning.
Latest Research | 09.08.2023
Daily Note 09/08/2023 - Market View: Day Ahead, Macro, Stocks, Debt Markets
- It was a risk off day yesterday, driven by weaker than expected economic data out of China and a surprise windfall tax on banks announced in Italy.
- This morning, Flutter Entertainment released a strong set of H1 results in which group revenue of £4.8bn and Adj. EPS of 237p both came in ahead of expectations. (Comment Attached)
- Given better than expected demand for the US short-term debt issued yesterday, demand for longer-term core bonds saw yields tick down.
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Daily Note 09/08/2023 - Market View: Day Ahead, Macro, Stocks, Debt Markets
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