Daily Market Commentary: 23 February 2018

Today we are taking a look at:

  • Markets stable overnight but SAGBs will be watching the UST yield ticking up slightly, switch auction to take place today
  • ANC top structures gather over the weekend; USDZAR remains stable after positive budget
  • Gold prices eased this morning as the dollar strengthened; Brent continues rally
  • The JSE tracked global markets lower, with weaker German confidence and lower UK economic growth figures weighing in Europe; US and Asian markets close firmer
  • UK GDP growth eases on the back of lower net exports; Japanese inflation rises on the back of higher fresh food costs
By | 2018-02-23T09:16:25+02:00 February 23rd, 2018|Markets and Research|0 Comments

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