Daily Market Commentary: 7 February 2018

Today we are taking a look at:

  • Global bond yields are on the rise, along with SAGBs; however local auction clears well between 1 and 3 bps below prevailing mids
  • Markets continue to watch local headlines for guidance
  • Gold on a gradual up-trend, Brent price remains muted
  • The global sell of deepened with inflation and higher interest rate still the driving force as investors switched out of equities. Overnight the U.S. posted a relief rally which is spilling over into Asian markets this morning
  • SACCI Business confidence rises in January, buoyed by political developments
DailyMarketCommentary180207
By | 2018-02-07T08:38:59+02:00 February 7th, 2018|Markets and Research|0 Comments

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