Daily Note 08/02/2024 – Market View: Day Ahead, Macro, Stocks, Debt Markets

08.02.2024

  • Macro: Markets were mixed yesterday with European equities falling modestly, whilst US indices ended the day in the green, buoyed by solid earnings and macro data.
  • Stock: This morning, AstraZeneca issued its FY23 earnings which came in 4% behind consensus expectations at the bottom line, whilst revenue was in line with market estimates. (Comment Attached)
  • Debt: Core bond yields moved modestly higher yesterday in anticipation of the record 10-year bond auction in the US.