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

05.05.2023

  • A weak session for risk assets yesterday with Europe and the UK, US indices all finishing in the red.
  • Apple reported Q2 results to the end of March on Thursday after the market close. Revenues declined 3% to $94.8bn, slightly ahead of expectations for $92.6bn, with EPS unchanged at $1.52 ahead of forecasts for $1.43. (Comment attached)
  • Core bond yields moved lower yesterday in a risk-off trading session for equities.