Daily Market Commentary: 27 March 2018

Today we are taking a look at:

  • SA bonds rally sharply on the back of the upside surprise from Moody’s review (stable outlook)
  • Dollar broadly weaker, lifts majors, the rand remains strong
  • Both the Brent and Gold prices remain elevated, benefitting from a weak dollar
  • Local market bucked the global trend and fell while the easing of trade war fears boosted other markets and risk assets
  • Sharp foreign inflows seen in both the bond and equity markets last week
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By | 2020-06-22T11:59:40+02:00 March 27th, 2018|Markets and Research|0 Comments

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