Daily Note 03/11/2022 – Market View: Day Ahead, Macro, Stocks, Debt Markets

03.11.2022

  • A weak session for risk assets with European, UK, and US equity markets all finishing in the red.
  • We are issuing an updated research note on Alphabet this morning. We retain our Buy rating but have reduced our price target to $125 from $145 to reflect the slowdown in digital advertising reported in Q3 results and the impact of the strong US$.
  • Core bond yields were generally unchanged yesterday.