Daily Market Commentary: 18 May 2018

Today we are taking a look at:

  • Offshore investors continue to de-risk, resulting in higher SAGB yields yesterday
  • The dollar remains resilient, global majors weaken, EM FX remain under pressure
  • Gold continues to edge lower; Oil remains close to $80/bbl. level
  • The JSE ends lower, with banks and telecoms weighing.  The FTSE 100 closed at a record high, while US markets edge lower. Asian markets are trading mostly firmer this morning
  • US leading indicator remains upbeat; Japanese inflation slumps in April
DailyMarketCommentary180518

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By | 2020-06-22T11:53:15+02:00 May 18th, 2018|Markets and Research|0 Comments

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