Daily Note 16/12/2022 – Market View: Day Ahead, Macro, Stocks, Debt Markets

16.12.2022

  • A weak session for risk assets yesterday with Europe, the UK and US markets all finishing in the red.
  • Bank of Ireland this morning upgraded its FY22 net interest income guidance, reflecting the evolving interest rate environment. The Group now expects FY22 net interest income to increase by c.10% over FY21, compared to prior guidance of a c.6-7% increase.
  • A mixed session for core bond markets yesterday.