Daily Note 20/10/2022 – Market View: Day Ahead, Macro, Stocks, Debt Markets

21.10.2022

  • After opening higher all the major US indices quickly turned down, closing at their lows of the day closing in the red, while European equity markets moved in the opposite direction yesterday, closing near their highs with modest gains.
  • We are publishing an updated research note on Nestle this morning with a Hold recommendation and unchanged Chf130 price target.
  • Core bond yields moved higher yesterday.