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Daily Note 06/10/2023 – Market View: Day Ahead, Macro, Stocks, Debt Markets

06.10.2023



  • A mixed session for risk assets yesterday with Europe and the UK both finishing in the green, while the S&P500 and the NASDAQ ended the day marginally down.
  • This morning, Shell has released a Q3 trading update, ahead of its Q3 official earnings release on the 2nd of November, in which management is guiding earnings from gas trading to be higher than the previous quarter.
  • In core bonds, US Treasuries have continued to sell off on concerns that the US jobs report comes in hot, while European bonds remain bid.