Daily Note 18/08/2023 – Market View: Day Ahead, Macro, Stocks, Debt Markets


  • Equity and bond markets were buffeted again yesterday with uncertainty over future interest rate policy leading to rising nervousness amongst investors.
  • Given the unexpected trading update issued on the 11th of July flagging much better numbers than the market was expecting, there were little surprises in Kingspan’s interim numbers at the profit line, albeit revenue was marginally behind revised expectations. (Comment Attached)
  • Sovereign bonds yields rose again yesterday.