- It was another risk off day in equity markets yesterday with Europe, the S&P500 and the Nasdaq all finishing in the red, as disappointing earnings continued to weigh on investor appetite for equities.
- Yesterday after the market closed, Amazon posted exceptionally strong Q323 numbers well ahead of market expectations and increased Q423 guidance. (Comment Attached)
- US treasury yields fell as the latest economic releases did little to alter expectations on the Fed pausing its rate hiking cycle next week.