Today we are taking a look at:

  • Local bond yields lower yesterday, inflows seen over the past day
  • Local FX markets likely quiet ahead of S&P this evening; dollar remains upbeat
  • The gold price rallies marginally, oil has lost some ground this morning
  • US markets closed well off its session lows having initially dropped on news that Trump cancelled a meeting with North Korea
  • UK retail sales marginally higher in April, SARB leaves interest rates unchanged but sound quite cautious
DailyMarketCommentary180525

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