Daily Note 08/12/2022 – Market View: Day Ahead, Macro, Stocks, Debt Markets

08.12.2022

  • Risk assets remained under pressure yesterday with Europe, the UK, and US markets all finishing in the red.
  • We have issued a note on Sanofi this morning, reiterating our Buy recommendation and raising our price target to €115 from €100, as the recent US Federal Court ruling on Zantac lifts some of the litigation overhang.
  • Core bond yields moved lower yesterday.