Daily Market Commentary: 26 July 2017

Today we are taking a look at:

  • SAGB curve bear steepens after the auction, flows balanced but light
  • The rand traded weaker for most of the session, touching at high of 13.0475 into the local close
  • Gold pares gains as dollar rebounds ahead of Fed, Brent rallies further as markets get ahead of itself after OPEC comments
  • Cautious trading expected before the Fed announcement.
  • SA leading index remains lacklustre and signals tough economic conditions; U.S. data upbeat, confidence levels rise
By | 2017-07-26T08:11:16+02:00 July 26th, 2017|Markets and Research|0 Comments

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