Daily Note 27/09/2023 – Market View: Day Ahead, Macro, Stocks, Debt Markets

27.09.2023

  • Markets trended lower in both the US and Europe yesterday as investors continued to fret about the prospect of an extended period of tight monetary policy, a mixed macro-economic picture and the prospect of a government shutdown in the US.
  • Yesterday, the FTC filed a lawsuit against Amazon alleging that it uses monopoly power to overcharge consumers, disadvantage competitors and exploit sellers on its marketplace.
  • Yields on US treasuries have begun to steady however still remain near decade highs.