Daily Note 04/04/2023 – Market View: Day Ahead, Macro, Stocks, Debt Markets

04.04.2023

  • A generally positive session for risk assets yesterday with the UK and US markets finishing in the green, while Europe and the NASDAQ lagged with marginal declines.
  • We are publishing a research note on Disney this morning. Our price target is unchanged at $126, however as this offers some 25% upside to yesterday’s closing price, we are upgrading to a Buy from Hold.
  • Core bond yields moved lower yesterday despite the spike in crude oil prices.