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.