Daily Note 15/08/2023 – Market View: Day Ahead, Macro, Stocks, Debt Markets

15.08.2023

  • A mixed session yesterday with equity markets turning higher, whilst sovereign bonds continued to struggle on a slow day for news flow.
  • Kenmare this morning reported that despite lower-than-expected production volumes over the period, it delivered a 6% increase in EBITDA in H123 over H122 to $110.4m ($119.1m forecast) from a 26% increase in revenue to $229.7m ($246.3m expected).
  • Sovereign bond yields ticked up yesterday.