Daily Market Commentary: 26 April 2018

Today we are taking a look at:

  • Bond market remain downbeat as risk-off persists
  • Dollar remains resilient, USDZAR tests 12.50/$, majors remain downbeat
  • Gold price continues to decline as a result of a strong dollar, while the oil price has fallen, it does remain relatively elevated
  • Global markets traded lower with focus shifting to treasuries while industrials remained under pressure after remarks from the Caterpillar chief executive overnight weighed on industrials
  • SA Business confidence index rises to a record high in Q1DailyMarketCommentary180426

If you are looking for more relevant market commentary, have a look at our other Markets and Research.

By | 2020-06-22T11:56:20+02:00 April 26th, 2018|Markets and Research|0 Comments

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