Daily Note 12/04/2023 – Market View: Day Ahead, Macro, Stocks, Debt Markets


  • A cautious session for risk assets yesterday with Europe, the UK and US indices all posting marginal gains, but the NASDAQ lagged behind finishing in the red.
  • We removed Flutter Entertainment from our Analyst Conviction List (ACL) yesterday when the price hit €170, through our recently upgraded price target of €165 and up 33% year-to-date, recording a 15% profit since its inclusion in our ACL back in November 2021. (Comment attached)
  • Core bond yields moved higher yesterday ahead of the key US CPI reading today.