Daily Market Commentary: 15 May 2018

Today we are taking a look at:

  • US 10y breaches the 3% level again and the rand is marginally weaker which may weigh on sentiment towards SAGBs
  • Dollar strengthens on geopolitical tensions, weighing on the rand and global majors
  • Gold price loses ground as a result of overnight dollar strength; Oil price marginally higher
  • The risk-off trade is back on as China data was mixed and the US 10yr hits 3%.
  • Chinese data this morning mixed, retail activity disappoints but industrial production is underpinned by trade
DailyMarketCommentary180515

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By | 2020-06-22T11:55:09+02:00 May 15th, 2018|Markets and Research|0 Comments

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