Daily Note 24/08/2023 – Market View: Day Ahead, Macro, Stocks, Debt Markets

24.08.2023

  • A strong session for markets yesterday with both equities and bonds attracting buyers following weak business activity surveys in the US, Europe and UK which eased fears of further interest rate rises.
  • US Tech hardware group, Nvidia, reported Q2 results last night after-hours that were ahead of expectations, with revenues doubling to $13.5bn, ahead of expectations of $11bn.
  • Sovereign bonds yields fell sharply yesterday.