Daily Market Commentary: 11 May 2018

Today we are taking a look at:

  • EM risk-off eases, supporting SA bonds, yields decline sharply across the curve
  • USDZAR firms as the dollar weakens, majors stronger this morning as well
  • A pull-back in the dollar provides a catalyst for the gold price, oil remains elevated on geopolitical tensions
  • The JSE and global markets end the day firmer; Asian markets are tacking their lead from the strong US close
  • SA mining and manufacturing data disappoint in Q1; BOE keeps rates unchanged; US inflation rises, but underlying price pressure remain stagnant, wage growth disappoints

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

By | 2020-06-22T11:55:21+02:00 May 11th, 2018|Markets and Research|0 Comments

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