Daily Note 15/02/2023 – Market View: Day Ahead, Macro, Stocks, Debt Markets
- A mixed session in volatile trading for risk assets yesterday with Europe, the UK and the S&P finishing largely unchanged, while the NASDAQ finished marginally in the green.
- We have issued a note post-2022 results note on Smurfit Kappa Group reiterating our Buy recommendation. Our unchanged price target of €42.65 implies 16% upside from the current price.
- Core bond yields moved higher following the US CPI number yesterday.