Daily Market Commentary: 5 March 2018

Today we are taking a look at:

• SAGBs continue to trade very weak, especially the curve, as locals retreat to the side-lines and fast money chase bids which are few and far between
• USDZAR weakens at the end of the week due to concerns over land reform policy
• The gold price rallies on the back of a weaker dollar, the oil price continues to ease as markets focus on US supply
• Global stocks rattled by Trump’s import tariff announcement
• Eurozone PPI sharply lower in January