Daily Note 02/03/2023 – Market View: Day Ahead, Macro, Stocks, Debt Markets
- A generally weak session for risk assets yesterday with Europe, the NASDAQ and the S&P finishing in the red while the UK market outperformed finishing marginally up.
- Cairn Homes released a strong set of FY22 results this morning in which there were few surprises given the release of its trading statement in January. The homebuilder’s revenue increased by 47% to €617m. (Comment attached)
- Core bond yields continued to move higher on the back of ongoing inflationary pressures.