Daily Note 29/03/2023 – Market View: Day Ahead, Macro, Stocks, Debt Markets

29.03.2023

  • A rather subdued day for risk assets yesterday with the UK and Europe recording marginal gains while US markets finished marginally in the red.
  • We are publishing a post-results update note on automaker Volkswagen this morning. Our revised price target for the VW Preference shares is €180, which offers almost 50% upside from current levels and the stock remains on our Analyst Conviction List.
  • Core bond yields continued to move higher yesterday.