Daily Note 18/07/2023 – Market View: Day Ahead, Macro, Stocks, Debt Markets


  • Mixed session in markets yesterday, lacking direction after last week’s strong gains, on evidence that inflation in the US is turning down.
  • Novartis this morning reported much stronger than expected Q223 numbers raised full year guidance and announced a new $15bn share buyback. (Comment Attached)
  • Sovereign bond yields had a quieter session yesterday.