Daily Note 05/01/2023 – Market View: Day Ahead, Macro, Stocks, Debt Markets

05.01.2023

  • A positive session for risk assets yesterday with the UK, US and European markets all finishing in the green.
  • Ryanair raised profit guidance for the financial year ended March 2023 yesterday after the market close. Profit after tax is now expected to be in the range of €1.33bn – €1.42bn, compared to previous guidance of €1bn – €1.2bn. (Comment attached)
  • Core bond yields continued to move lower yesterday