Daily Note 08/09/2023 – Market View: Day Ahead, Macro, Stocks, Debt Markets

08.09.2023

  • It was a mixed session for equities yesterday with indices ending the day either marginally in the green or marginally in the red, illustrating a general lack of direction.
  • We have issued a research note on CRH this morning in which we have retained our Buy recommendation while increasing our DCF derived price target to €64.35, from €58.50 previously.
  • There was demand for core bonds yesterday as the market awaits central bank rate decisions over the next two weeks.