Daily Market Commentary: 2 March 2018

Today we are taking a look at:

  • SAGBs opening marginally firmer in line with stronger US Treasuries and a firmer ZAR
  • Trump comments trigger a dollar retreat
  • Oil set for its first weekly decline in 3 weeks, gold price also set for a fourth weekly loss on the back of subdued demand
  • The JSE tracked global markets lower, while weaker corporate reports weighed European markets.  President Donald Trump announced the imposition of import tariffs on steel and aluminium, weighing heavily on US and Asian markets
  • Global PMIs sharply lower, SA PMI rebounds
DailyMarketCommentary180302
By | 2018-03-02T12:38:14+02:00 March 2nd, 2018|Markets and Research|0 Comments

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