Daily Market Commentary: 6 April 2018

Today we are taking a look at:

  • Thin liquidity conditions in the bond market, more curve flattening as bonds remain bid
  • Risk-off on the back of further trade war concerns impact FX markets, USDZAR weakens above R12.00/$ this morning
  • The gold price remains subdued after recent decline; oil extends weekly loss amid global concerns over trade wars
  • The JSE tracked global markets higher, as trade war fears eased; European markets saw strong gains, with the US ending the session firmer; Asian markets are mixed
  • SACCI business confidence eases in March but trend remains upbeat; Eurozone retail sales data reflects strong domestic demand

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


By | 2020-06-22T11:59:02+02:00 April 6th, 2018|Markets and Research|0 Comments

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