Daily Market Commentary: 17 May 2018

Today we are taking a look at:

  • SAGB yields marginally lower, driven by local buying
  • The rand stages a recovery
  • Dollar remains strong despite easing marginally overnight, keeping the gold price low; oil continues to rise just shy of the $80/bbl. mark this morning
  • Markets advanced taking their cue from positive company earnings which buoyed sentiment
  • SA retail sales upbeat; US industrial production shows healthy pace of growth in April

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

By | 2020-06-22T11:54:57+02:00 May 17th, 2018|Markets and Research|0 Comments

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