Daily Note 04/05/2023 – Market View: Day Ahead, Macro, Stocks, Debt Markets

04.05.2023

  • A mixed session for risk assets yesterday with Europe and the UK both finished marginally ahead while US indices finished in the red.
  • AIB issued a brief Q1 trading statement this morning, raising full-year guidance for both net interest margin from above 2.4% to above 2.7%, and net interest income from above €3bn to above €3.3bn, reflecting the benefits of rising interest rates. (Comment attached)
  • Core bond yields were generally lower yesterday.