Daily Note 01/08/2023 – Market View: Day Ahead, Macro, Stocks, Debt Markets
- It was a solid day for both European and US equities yesterday, however, it was a subdued trading session as markets were largely on hold before a busy week of earnings reports.
- In what was a solid set of results for FY23, Diageo reported net sales growth of 11% to £17.1bn. (Comment attached)
- Despite concerns that Bank of Japan policy changes could increase bond volatility globally over the mid-term, core bonds were relatively unchanged yesterday.