Daily Market Commentary: 24 May 2018

Today we are taking a look at:

  • SA bond yields remain low after the recent risk-on buying, caution likely to prevail ahead of MPC today
  • Focus on SARB MPC
  • The gold price rallied marginally yesterday despite a stronger dollar; Brent eases by a few cents
  • Global markets waned as the dollar strengthened and optimism around trade talks between the U.S. and China faded; While data suggested that growth is slowing
  • SA CPI rises in April as a result of higher transport costs; UK inflation eases as import prices come down; US FOMC minutes reflect a hawkish Fed
DailyMarketCommentary180524

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By | 2020-06-22T11:52:52+02:00 May 24th, 2018|Markets and Research|0 Comments

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