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.