Daily Market Commentary: 18 April 2018

Today we are taking a look at:

  • Marginally lower bond yields across the curve, although liquidity remains thin
  • Local FX markets focus on CPI release, global majors remain range bound and non-committal
  • Gold and oil remain upbeat, supported by the weak dollar and bargain buying
  • The JSE closed firmer tracking European markets higher; US markets close with solid gains buoyed by corporate earnings; Asian markets tracking the US higher, while China trades lower weighed by US trade disputes
  • IMF raises SA growth forecasts, maintains global growth forecast at 3.9%; US housing market rebounds in March, industrial production disappoints; Japanese trade data upbeat in March
DailyMarketCommentary180418

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By | 2020-06-22T11:57:15+02:00 April 18th, 2018|Markets and Research|0 Comments

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