Daily Note 07/10/2022 – Market View: Day Ahead, Macro, Stocks, Debt Markets

07.10.2022

  • A cautious session for risk assets yesterday with Europe, the UK and US markets all finishing marginally in the red.
  • Kerry Group plc has reportedly reached agreement to increase its joint venture stake in Proparent B.V. to 75% for an incremental consideration of EU20m in line with terms agreed at the time of the initial investment. Kerry had initially purchased a 55% stake in the JV that owns Ojah B.V., who specialise in texturizing plant-based proteins, in 2018.
  • Core bond yields continued to move higher yesterday.