Daily Market Commentary: 19 April 2018

Today we are taking a look at:

  • SAGBs rally as inflation surprises to the downside in March
  • Rand manages to hold steady below the 12.0000 level
  • Gold and oil maintains a steady upward grind as the dollar remains weak and OPEC commentary supports oil
  • The Top40 rallied +1.7% outperforming global markets, Europe and US were mixed and Asian markets are higher this morning led by resources
  • US Beige Book, UK inflation falls sharply in March; Eurozone Inflation disappoints somewhat; SA inflation beats consensus, along with very strong retail sales data
DailyMarketCommentary180419

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By | 2020-06-22T11:57:09+02:00 April 19th, 2018|Markets and Research|0 Comments

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