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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 | 17.11.2023
Daily Note 17/11/2023 - Market View: Day Ahead, Macro, Stocks, Debt Markets
- It was a mixed session for equity markets yesterday as Europe finished in the red, whilst the S&P and the Nasdaq both ended the day modestly in the green.
- We have issued a note on Alphabet this morning reiterating our Buy recommendation and increasing our price target to $260 from $280, implying 15% upside as the company continues to drive growth across its traditional sectors with potential for upside as the cloud business regains momentum.
- Treasuries climbed and bond yields fell yesterday, as economic data pointed to a slowdown in the labour market in the US, reinforcing expectations that the FED is done its rate hiking cycle.
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Latest Daily Note
Daily Note 17/11/2023 - Market View: Day Ahead, Macro, Stocks, Debt Markets
Daily Note | 17.11.2023
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